A global survey of cannabis CEOs has found more than half of the firms polled disappointed their boards in 2022 and expect to have to raise capital this year.

The EY Global Cannabis CEO Survey showed 51.5% of companies underperformed relative to their board’s expectations in 2022, with blame attributed to external forces such as intense competition, price and margin pressures and complex regulations. 

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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