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Billionaire Leon Cooperman On How He Ended Up Investing In Pot Stocks

by cnbc.com posted 8months ago 27 views
Leon Cooperman, chairman and CEO of Omega Advisors, is a big believer in United Continental shares. : Billionaire hedge fund investor Leon Cooperman confirmed to CNBC on Wednesday that he has personal money in the cannabis industry, noting investments in a few young marijuana companies. Highlighting names including $1.1 billion CannTrust and $2.6 billion Green Thumb Industries, Cooperman said that he was first introduced to the space through Ben Kovler, heir to the Jim Beam bourbon empire. "I meet with Ben and I'm impressed with him; he's a smart young man. I put some personal money in," Cooperman said.

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