Its final now: NYSE confirmed the listing on NYSE Aurora Cannabis gets green light for NYSE listing
It’s a good day for Aurora Cannabis Inc. The Edmonton-based cannabis producer has received approval to list its shares on the New York Stock Exchange on the same day it’s playing a part in the debut of legal recreational cannabis in Canada.
The NYSE certified its approval for listing and registration on the U.S. exchange, according to a filing with the U.S. Securities and Exchange Commission, marking a significant milestone for Aurora as it becomes another Canadian-based cannabis producer to tap into the U.S. capital market.
Aurora Cannabis previously announced its intention to seek an NYSE listing on Oct. 9, saying at the time it expected its shares to begin trading before the end of this month. Now Aurora is poised to share the U.S. stage with some of its peers including Canopy Growth Corp., which also trades on the NYSE, and Cronos Group, which trades on the NASDAQ.
Aurora Chief Corporate Officer Cam Battley told BNN Bloomberg Wednesday afternoon his company hasn’t received confirmation of what day shares will begin trading on the NYSE.
Aurora shares were trading down 0.79 per cent to $13.87 on the Toronto Stock Exchange at 12:38 p.m. ET Wednesday, paring some of their earlier losses as investors opted to move broadly out of the cannabis sector on the same day that recreational marijuana was legalized in Canada.
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