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Several Debt Deals Coming, Top Banker Says: Cannabis Weekly

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Everybody Wants to Be a Cannabis Farmer in This Corner of Europe
Photographer: Konstantinos Tsakalidis/Bloomberg
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Debt capital is finally becoming more widely available to cannabis companies, according to one of the biggest bankers to the industry.

“You’re definitely going to see debt capital flow into the sector,” Dan Daviau, chief executive officer of Canaccord Genuity Group Inc., said in an interview at Bloomberg’s New York office last week. “That’s happening as we speak. You’ll see several debt deals announced over the next week or so.”