CURLF - This Top Marijuana Stock Is Making a Big Move to a Major Exchange
2023-10-18 06:15:00 ET
Major stock exchanges have, for the most part, taken tough stances on marijuana companies operating in the U.S. Up until recently, you wouldn't have found a multi-state operator (MSO) trading on a top exchange due to the federal ban in the U.S.
But that appears to be changing. One MSO recently moved onto the Toronto Stock Exchange (TSX), and another one may soon end up there.
On Oct. 10, New York-based cannabis company Curaleaf Holdings (OTC: CURLF) announced that it submitted its application to list on the TSX. Executive Chairman Boris Jordan says he believes that there will be multiple benefits from trading on the exchange, such as having access to a wider pool of investors and reducing volatility.
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This Top Marijuana Stock Is Making a Big Move to a Major Exchange