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Crypto tokens give cannabis fund a shortcut to raising capital

1 minute reading time (93 words)
crypto currency

Since cannabis remains illegal in much of the world, raising investment can be tricky. This week, guest writer Ken Parks takes a look at how one Luxembourg-based company with operations in Latin America is looking at a new method to solve this problem. 

Using blockchain in a quest for growth

A fund that invests in Latin American cannabis companies is planning to use a novel way of raising cash to expand, with a sale of a type of crypto asset known as security tokens to private investors.

Original author: Cannabis News

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