Bullboard - Stock Discussion Forum 1933 Industries Inc C.TGIF

Alternate Symbol(s): TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA... see more

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1933 Industries Inc > FROM BNN no thumbs up for the first one

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Post by jfogarty12 on Dec 12, 2021 9:11am

FROM BNN no thumbs up for the first one

CSE to set up new tier for bigger issuers amid hope of boosting trade volumes for U.S. pot companies

The Canadian Securities Exchange, home to many publicly-traded U.S. cannabis companies, plans to establish a new tier for companies that adhere to stronger disclosure and governance standards that could help boost trading volume on the junior exchange. To qualify under the CSE's new senior tier, companies will have a smaller window of time to report quarterly financial information and audited statements and will face stricter oversight of disclosed materials and improved governance procedures such as larger boards, CSE Chief Executive Officer Richard Carleton told BNN Bloomberg. The changes now head to a 60-day public consultation process but it will likely be cheered by many U.S. pot companies who have seen far lower trading volumes than their Canadian counterparts on other exchanges.

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