In A Positive Sign For The Industry, Cannabis Companies Are Winning Lower Priced Debt Deals
Cannabis companies are posting robust sales growth and, in doing so, winning better debt deals.
Legal U.S. cannabis sales surpassed $17.5 billion in 2020, a 46% spike from 2019, according to Canaccord Genuity. Analysts at Cowen estimate annual legal sales will reach $41 billion by 2025.
