Nine companies kicked out of oil fund
Norges Bank has decided to exclude nine firms from its Government Pension Fund Global, seven of which are cannabis or tobacco companies.
by synnøve prytz berset, translated by catherine brett
The executive board of Norges Bank has decided to exclude Aurora Cannabis, Canopy Growth, Cronos Group and Tilray Brands, stating that the fund has concluded it should not be invested in companies that ”themselves or through entities they control [...] produce cannabis for drug purposes,” a press release reports.
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