RE:RE:RE:RE:RE:Bruce if you're listening - please try to list on Nasdaq...In the end it really mattersn not what has been said in the past. Often CEO's will down play what they want for fear of not being able to deliver.
The fact is Bruce regularely flies to Boston New York etc etc to do dog and pony presentations in order to lure American money. While US Institutions do trade north of the border, hence the active "northbound desks" at all the trading houses BUT don't kid yourself, their preference is to play in their own backyard using their own traders and currency.
To say a US listing is too expensive to a $6B company is crazy talk. You can't complain about the cost of capital and then say you don't want to be listed in the most capitalized nation in the world.
RainbowRunner wrote: Yes - Bruce’s statement re Cowen during the James West interview was in addition to the cc I remember hearing that Tim alludes to. Either way, I fully expect a NASDAQ listing is in our near future, especially now that Cronos has led the way. I don’t know why, but I’ve always had the sense that Canopy & Cronos were somehow symbiotic.
investor1964 wrote: Rainbow and Tim did you see Buck's answer to me a few days ago?
https://www.stockhouse.com/companies/bullboard?symbol=t.weed&postid=27620017
RainbowRunner wrote: TimMcCracken wrote: investor1964 wrote: Look at the difference in volume for Cronos today is already over 5M shares traded when normally on US side its less than 200k. Plus the percentage gain isnt bad either.
I remember in 2016 Alan Brochstein asked Bruce during a conference call about the possibility of US listing in the future.
If I recall correctly this was the 2016 Q4 earnings call, so this CC was around the end of June 2016.
I do not remember the exact answer Bruce gave, but at the time it didn’t seem like a priority because Canopy was still trading on the Venture ... so the goal was up list on the TSX first, which ended up happening in July of 2016.
I tried looking briefly for the conference call transcript but had no luck. Would anyone happen to have a copy? It would be interesting to hear his answer. As mentioned above I think it was the 2016 Q4 call.
I also recall that cc and that question. While I don’t remember Bruce’s exact answer, I do remember thinking, well, he’s not ruling it out. That may have been the same call when he almost jokingly alluded to using the WEED ticker.