Norway's oil fund scraps cannabis companies from portfolio after criticism

The Government Pension Fund Global managing assets worth about NOK 8974bn was criticized earlier this year, when Norwegian daily Dagens Naeringsliv reported that the company had invested NOK 446m in five cannabis-related companies.

Photo: PR

Norway's Government Pension Fund Global has scrapped cannabis-related investments from its portfolio following public criticism, reports Norwegian daily Dagens Næringsliv (DN).

In March, DN reported that the fund had invested about NOK 446m in five cannabis-related companies during the first two months of this year.

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