The State of Connecticut Invests in Weed Company 1906 – Is This the Sign of a Market Top or Bottom?

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Connecticut Innovations’ investment in 1906 is a significant milestone for the cannabis sector, and institutional investors no longer need to wait for changes in federal regulations before investing in the cannabis market (or funding the industry’s expansion); the 1906’s CEO, Peter Barsoom, stated. The investment from Connecticut Innovations will help 1906 expand its business in the state, and it will place 1906 at the epicenter of the Northeast’s cannabis boom at the perfect time.

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