CSE:PLNT.X - Post by User
Comment by
HickoryStickson Jan 16, 2020 10:51am
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Post# 30560264
RE:HickorySticks
RE:HickorySticksGood Morning, I'm assuming you mean in the cannabis sector, correct? I'm certainly no expert, but from my understanding, all cannabis stock are down except maybe Tilray. All my cannabis stocks are really down, except BOSS and even it has had it's moments. I know brokers who work exclusively with the CSE, and brokers who only work with the TSX, and a broker who's only ever done OTC's. The simplest answer I was given as to why a company would choose the CSE is that it is cheaper to do an IPO on, and offers more flexibility. Also, even though the share structures are typically different in terms of the share price, the share structures are often similar. I've spoke to folks who prefer the CSE because they find it easier to raise money, as the perception of penny stocks seems more attractive to some. Some would rather have 100,000 shares vs 10,000. My broker personally really likes BOSS's stock. It has healthy volume, and his shareholders really appreciate the weekly updates from them. Good luck!