As the cannabis industry merges its hoodies and Carhartts with three-piece suits and Brooks Brothers loafers, a steady bass beat of IPOs is currently sounding like music to investors’ ears. And for those marijuana companies debuting on US stock markets, like the New York Stock Exchange or Nasdaq, it is effectively signaling to the world […]
Tag Archives | Nasdaq
Score another big, fat zero dollars in the profit column for the US economy, as American cannabis company MedMen Enterprises defects to Canada for its initial public trading. Valued at USD $1.65 billion (C$2.14 billion) before going public on the Canadian Securities Exchange (CSE), MedMen was looking for greener pastures and fewer government hassles compared […]
The cannabis industry just nailed another high-water mark this week, as licensed marijuana producer and cultivator of oils Cronos Group obtained permission from the US Securities and Exchange Commission to begin trading on the coveted Nasdaq Stock Market. The Canadian company is the first pot producer ever to be approved for public trading on the […]
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