Canada’s Investment Banks Are Big Winners in Marijuana Boom

When bankers were trying to do a share offering a few years back for a fledgling cannabis company, it was tough to get investors to take meetings. The ones that did often couldn’t get comfortable with the sector.

“It was a hard sell,” said Steve Ottaway, head of health-care investment banking at GMP Capital Inc., which led the deal. “People were very skeptical.”

Now,…

... read more at: https://www.wsj.com/articles/canadas-investment-banks-are-big-winners-in-marijuana-boom-1538394451

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