Stocks & Publicly Traded Cannabis Companies
As several cannabis multistate operators upgrade their Canadian stock listings to higher-tier exchanges, more are expected to join the trend – but their ultimate goal appears to be listing on U.S. exchanges such as the Nasdaq.
Marijuana multistate operator Curaleaf Holdings has terminated an unspecified number of employees in another round of layoffs.
Publicly traded cannabis tech company Agrify Corp. has received a formal noncompliance notification from the Nasdaq, the latest predicament for the firm’s listing on the high-profile stock exchange.
Village Farms International, which owns Canadian cannabis producer Pure Sunfarms, was granted a six-month extension by the Nasdaq stock exchange to regain compliance after its stock price fell below the exchange’s minimum-bid rule.
Cannabis multistate operator Curaleaf Holdings is following through with its previously announced plan to list on the Toronto Stock Exchange, a step up from its current listing on the more junior Canadian Securities Exchange.
The parent company of cannabis publication and brand High Times as well as its board chair, Adam Levin, together paid more than $600,000 in fines to settle securities-fraud allegations connected to the company’s efforts to go public, federal securities regulators announced.
Leafly Holdings says it is back in the good graces of the Nasdaq after meeting the stock exchange’s minimum bid-price requirement.
