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Bankers Are Flocking to Canadian Cannabis Startups

  • Chance to play a unique part in ‘Canadian business history’
  • Recruiters busy seeking M&A specialists, corporate strategists

Peter Aceto spent 21 years in banking, building an online lender in Canada for ING Groep NV and Bank of Nova Scotia.

The executive, who left Scotiabank’s Tangerine unit 18 months ago, is now blazing a career with other bankers in cannabis. Aceto joined CannTrust Holdings Inc. this month as chief executive officer, excited by the prospect of joining what he expects will become a trillion-dollar global industry.