Weekly Deal Watch: Money flow into cannabis appears to be in a lull – here’s why

Article was originally posted here

Only three weeks into January, observers who are closely following the money flowing into the cannabis space likely have noticed a big dip in the amount of capital raised so far this year compared to the same period in 2018.

Through Jan. 18, 2019, $208 million has been raised by North American cannabis firms, according to data tracked by Viridian Capital Advisors.

That’s down nearly 60% from the $499.4 million raised during the same time frame in 2018.

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