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ARTICLE · 21 FEBRUARY 2020

Environmental, Social And Governance Performance And Cannabis

The link between positive environmental, social and governance (ESG) performance and economic growth is not new.

CanadaCorporate/Commercial Law

Introduction

The link between positive environmental, social and governance (ESG) performance and economic growth is not new. However, the heightened focus by market participants on value creation through sustainability 1 is new and being driven in part by global trends related to stakeholder ESG awareness and the role of business in society. With the realities of climate change looming large and an increased focus on human rights, cybersecurity, technology and the role of business in society, ESG is garnering increased global attention, especially in emerging industries, and the cannabis industry is no exception. Investor and consumer interest, as well as enhanced legislative requirements are all significant drivers in ESG development. This article will explain ESG fundamentals and how implementation of sustainability strategies can help companies in the cannabis industry differentiate themselves and set the groundwork for future success in a changing business

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