Federal Business Bank Still Won’t Work with Weed
Crown corporation the Business Development Bank of Canada (BDC) admitted to lawyer Trina Fraser they will not fund businesses "involved in the transformation, cultivation and production of cannabis," though they said they would "review [their] position over time based on industry developments."
- Cannabis brand manager Rachel Colic reported that venture capital companies partnered with the BDC are also banned from funding cannabis projects.
- Fraser noted . . .
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