Headwinds Leads Cannabis Brands to Adjust Finances

Economic headwinds in the industry are causing cannabis companies to make changes to their financing strategies. The news comes as cannabis capital raises are down 63.1% so far this year despite M&A movement soaring, according to a report by Viridian Capital Advisors. The cash crunch illustrates the rising stakes for those vying to survive in a tightening landscape. Agrify (Nasdaq: AGFY) attributed …

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