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Stifel Financial adds managing director covering retail cannabis market

Stifel Financial Corp. has added David Kelman as a managing director to its consumer and retail group to oversee U.S. cannabis investment banking. Kelman is based in New York.

Kelman was most recently a managing director and head of M&A at Viridian Capital Advisors in New York, where he was responsible for the origination and execution of transactions in the cannabis industry.