TMX - risk disclosure vs institutional riskHas the TMX already made their decsion?
I am of the opinion that the policy decision on how marijuana companies listed in Canada with interests in the USA, where cannabis remains federally illegal, is more a risk disclosure issue than an institutional issue.
This comming Monday (August 21st) CannTrust, a Canadian licensed producer, which operates in both Canada and the US, recently had its prospectus approved by the Ontario Securities Commission and will begin trading on the CSE. This, if nothing else, is a strong indication as to what the underlying policy in Canada is.
The only thing left for the Canadian regulators to do is draft into policy what in reality they have been doing all along.