Leading US Marijuana Firms List Shares On Canadian Stock Exchange

Three top American cannabis firms made their trading debuts on the Canadian Securities Exchange (CSE) this week, continuing the frenzy of U.S.-based marijuana companies turning to Canada’s public markets to raise capital.

Nearly 50 U.S. cannabis operators have listed their shares on the CSE this year, according to data from the exchange. The majority of those have been through reverse takeovers – a maneuver in which a company acquires a publicly traded shell company to obtain a listing, rather than pursue a traditional initial public offering route.

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