Marijuana and produce company Village Farms International is back in compliance with the listing rules of the Nasdaq stock exchange.
Meanwhile, Weedmaps parent company WM Technology also on Tuesday reported receiving a notice that the company is out of compliance with Nasdaq rules.
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The Nasdaq requires listed companies to maintain a minimum bid price of $1 per share.
Shares of Vancouver, British Columbia-based Village Farms (VFF) passed that threshold in March.
The Nasdaq issued its low-share-price warning to Village Farms in April 2023 and gave the company an extension in October to meet it.
Cannabis industry ancillary company WM Technology, parent of Weedmaps, announced receiving “an expected delinquency notification letter” from the Nasdaq after not filing its annual 10-K report on time.
Read full article on Marijuana Business Daily
