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.
In particular, the New York-based multistate operator filed an application to list the company’s subordinate voting shares on the TSX.
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The move follows an Oct. 3 marketed offering of subordinate voting shares in order to meet the TSX’s listing criteria, Curaleaf said in a news release.
“I believe uplisting to the TSX will provide greater access to a broader set of global institutional investors, offer custody solutions backed by U.S. financial institutions, reduce volatility in our stock by having dedicated market makers, and make Curaleaf available for inclusion into indexes such as TSX and MSCI, all to the benefit of our stakeholders,” Curaleaf Executive Chair Boris Jordan said in a statement.
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