This article looks at how the global cannabis industry has experienced exponential growth over the last several years. The steady trend towards legalization across North America and Europe has significantly expanded market opportunity not only in the cannabis retail sector, but also in the leveraged finance space. While cannabis businesses are looking to access loan markets and debt capital markets more frequently to finance operational build-outs and M&A activity, the heavily regulated and novel nature of the sector presents uniquely complex compliance challenges to lenders, underwriters, investors, and other financial institutions looking to participate in this burgeoning industry.

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