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Cannabis and the capital markets: Q&A with Canadian Securities Exchange CEO Richard Carleton

The Canadian Securities Exchange (CSE) was founded in 2003 as an alternative to the much older Toronto Stock Exchange.

Twenty years later, the CSE lists more than 800 securities, predominantly mining companies, including more than 100 listings for the securities of cannabis and ancillary businesses.

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Canadian medical cannabis companies started listing on the exchange in 2014, and the CSE’s first U.S. plant-touching cannabis company (Golden Leaf Holdings, later Chalice Brands) began trading in 2015.

Other U.S. marijuana firms followed, and some are now the CSE’s biggest issuers by market capitalization.

Cresco Labs, Green Thumb Industries and Trulieve Cannabis are the top three constituents of the CSE 25 Index, which tracks the exchange’s top 25 listings by market cap. Several other MSOs are also

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