The major American cannabis company Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) received approval to commence trading on the Toronto Stock Exchange and authorization to kick off adult-use sales in New York.
On Tuesday, Curaleaf announced that its shares will be listed on the TSX Dec. 14 and that the state’s Office of Cannabis Management (OCM) had granted the company recreational approval on Friday.
“This uplisting will ultimately provide significantly higher access to an even broader set of institutional investors from around the world and increase our stock’s liquidity long term,” Curaleaf’s Executive Chairman Boris Jordan said. He added that he looked forward to being in Toronto for the opening bell on Thursday.
The company will delist from the Canadian Securities Exchange once the market closes on Dec 13. Curaleaf will distribute vapes, flower and edibles from its Select and Grassroots brands at a series of…
