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CANNABIS MERGERS ARE BIG BUSINESS (FOR BANKS)

In 2018, there were 300 strategic acquisitions in cannabis worth a total of $8.4B, up from $54M in 2013, according to accounting and advisory firm MGO|Ello.

Many of those deals happened to recently to to judge on their outcome. But this week Business Insider looks at the Top 10 investment banks raking in fees for these mergers. The big winners tend to be boutique and midsize Canadian shops which have been involved in cannabis for a few years.

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