Can DEA-backed cannabis growers strike gold via drug development?

PUBLISHED Apr 20, 2022

Can DEA-backed cannabis growers strike gold via drug development?

The cannabis industry hit a possible milestone in March when Bright Green Corp., a Florida company with “conditional” approval from the U.S. Drug Enforcement Administration to grow marijuana for research purposes, applied to list on the Nasdaq stock exchange.
But the move also highlights the lofty – some say unrealistic – financial ambitions of such companies.

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