The largest investors, such as banks and pension funds, are going to take the Sessions announcement to heart.
That’s not a bad thing for smaller investors who have a stomach for uncertainty.
“The announcement will put a further chill on the institutional investors who have been remaining on the sidelines thus far,” said Perry Salzhauer, a lawyer with the Green Light Law Group, an Oregon law firm serving the cannabis industry.
“The opportunity for those investors with more risk tolerance remains historical, given the significant lack of competition for investment opportunities with the big players out of the game.”
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