California Pension Fund Invests in Cannabis While Shunning Tobacco

The largest pension fund in the United States decided they won’t invest in tobacco but they have no problem with cannabis. Back in 2000, the California Public Employees’ Retirement System (Calpers) sold all of its positions in tobacco stocks and enacted a ban on future investments in tobacco-related companies. According Calpers spokeswoman Megan White, “concerns … Continue reading California Pension Fund Invests in Cannabis While Shunning Tobacco