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Tight funding environment weighs on marijuana companies still seeking profit

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Which came first? Poor paths to profitability for North American cannabis companies or limited funding for them to build their businesses? The reality: It's a bit of both. Funding opportunities for marijuana firms do exist, but investors are increasingly unlikely to lend if cannabis companies cannot meet their revenue and profitability targets. Therefore, cannabis businesses trying to find a way forward are under increasing pressure to cut costs and make money - or face fallout. We've already...

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