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Canadian MJ firms that do business in U.S. could lose TSX stock listing

by / No Comments / 0 View / October 17, 2017

By Matt Lamers

The parent company of Canada’s largest stock exchange said that marijuana companies that do business in the U.S. cannabis market could possibly be delisted.

The TMX Group, parent of the Toronto Stock Exchange and the TSX Venture Exchange, issued a notice to listed companies that provided clarity regarding the application of its rules for companies in the marijuana sector.

It noted that marijuana remains illegal under federal law in the United States, and that cannabis companies doing business there could have their TSE and Venture listings reviewed.

“There may be issuers on our market that are not in compliance with

Canadian MJ firms that do business in U.S. could lose TSX stock listing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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