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Cannabis industry readies for M&A after COVID-19 boosts weed demand

After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say.

FACTBOX-U.S. companies that have raised or reinstated dividends

As coronavirus-related lockdowns ease and businesses reopen, some U.S. companies have decided to raise dividends or restart those that were previously suspended, bucking the wider trend of suspending shareholder distribution to preserve cash. Company New Old Date of Link dividend dividend change Altria Group $0.86 $0.84 July 28 Inc

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