Canadian stock exchanges looking at US cannabis investment policies

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

Canadian marijuana executives and officials of two stock exchanges have been meeting about setting rules for investing in the U.S. cannabis sector.

According to the Canadian Press, attorneys representing publicly traded cannabis producers said “there is an unwritten rule” that companies listed on the Toronto Stock Exchange – the nation’s largest – and its junior Venture Exchange aren’t permitted to invest in the U.S. marijuana sector.

But the TMX Group – which owns both exchanges – is looking to formulate a specific policy for companies that want to wade into financial markets with different requirements than Canada’s, the Canadian

Canadian stock exchanges looking at US cannabis investment policies is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Leave a Reply

Skip to toolbar