Canopy Growth Submits Application To List On The NYSE

Canopy Growth Announces Application to List on the NYSE

CANADA: Canopy Growth Corporation announced it has applied to list its common shares on the New York Stock Exchange. The Company currently anticipates that, subject to the receipt of all required approvals, its common shares will begin trading on the NYSE before the end of May 2018. In advance of listing on the NYSE, Canopy Growth will Read the full article…

SEC Allows Pot Dealer To Register Stock

This approval appears to be the first green light for a share registration by a company in this line of business and could set a precedent for marijuana dealers to access the equity markets, but the agency’s ambivalence about such a business model is clear from the way it handled the registration.

NEW YORK:  The U.S. Securities and Exchange Commission has allowed a share registration to proceed for a company whose business model includes cultivation and sale of marijuana, which are both illegal under federal law, though legal under some state laws. This approval appears to be the first green light for a share registration by a company Read the full article…