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The bank says it will increase access to capital, advice and training for 10 million small businesses, up from the 7 million it serves today.
Tuesday’s deal would see Unliver “sharpening” into a $45 billion “pure play” in global beauty, wellness, and personal and home care.
Regulatory setbacks have kept institutional investors hesitant about the marijuana industry.
Industry groups and asset managers are in favor, but advisors are weary, saying the expanded access can quickly spell trouble for clients.
One of the largest RIAs already serves thousands of US ex-pats, according to CEO Peter Mallouk.
Allies on both sides of the Atlantic have already committed billions to upgrade military infrastructure and boost manufacturing.
