You’re reading a copy of 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.
Friends,
Ahead of its recent public equity offering, Curaleaf suggested that it might raise capital as part of a move to the Toronto Stock Exchange (TSX), and it did end up applying to list there. If it is successful, it will join TerrAscend, the only MSO to move successfully from the CSE to the TSX, a higher exchange in Canada.
While we like to see companies moving to higher exchanges, we think it is not important for an American company to be listed on a higher exchange in Canada. We continue to believe that listing on a higher exchange in the U.S. would be a significant move for MSOs. Of course, ancillary companies and Canadian LPs…
