The Canadian Listing Does Not Matter for American Cannabis Companies – New Cannabis Ventures

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You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. We no longer send these by email as we did in the past, but we post this and all of the newsletters on our website here.

Friends,

After the market closed on Friday (9/5), S&P Dow Jones Indices announced that five stocks would be joining the S&P/TSX Composite Index on 9/22, including Curaleaf. Since then, CURLF has gained 0.4%, increasing a lot on Tuesday but pulling back yesterday. Not surprisingly, the company trumpeted its success in a press release on Monday morning, suggesting it would boost institutional ownership.

Curaleaf listed on the Toronto Stock Exchange in late 2023, migrating from the Canadian Securities Exchange, where most of the MSOs…

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