AP7 is pilling up cannabis – other AP funds shun

Swedish state pension fund AP7 has invested in two cannabis companies in a rapidly growing Canadian market. Other AP funds have chosen to exclude cannabis equity for ethical reasons.

Photo: /ritzau/AP/Ricardo Arduengo

AP7, one of Sweden's major state pension funds, has invested in two of the world's largest cannabis companies – Canadian Aurora Cannabis Incorporation and Canopy Growth Corp – reports Drugnews, a Scandinavian anti-drug news website.

AP7 made these investments in 2018 and held a position worth EUR 6 million at the end of the year. The fund has since increased its holdings to almost EUR 10 million.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Norway has the fastest growing investment fund market in Europe

So far in 2021, Norway has experienced massive inflows to its investment fund markets, beating former records. The pandemic and different government initiatives have resulted in an increased savings rate. Data also show that market shares are shifting among Norwegian fund managers.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch