Could Cannabis sector funding be choked by Global Banking Crisis?

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This week's stories:

Global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and tightening fundraising from alternative avenues, reports Market Screener.Canada’s federal government is launching a consultation that could lead to amendments to the country’s Cannabis Regulations, which govern the production of legal cannabis, reports MJ Biz Daily.America’s biggest cigarette company has a new plan to shift its business toward less-harmful products, after a string of failures, reports The Wall Street Journal.The Delaware Senate voted in favor of two bills that could legalize cannabis for adults and regulate its sales, reports Benzinga.Curaleaf Holdings is spending USD$20 million to acquire Deseret Wellness, the largest medical cannabis retailer in Utah, reports MJ Biz Daily, increasing Curaleaf’s footprint to four dispensaries in the state and 150 nationwide.

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