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Cannabis investors suffer comedown as high-flying pot funds shrink 45%
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The high around cannabis stocks appears to have faded, with funds in the global sector reporting a sharp drop in inflows and woeful performance.
Figures provided to Financial News by Morningstar show that assets managed by cannabis funds shrunk by 45% to $2.6bn in the 12 months to March, down from $4.6bn at the same period last year.
The drop...
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