Marijuana multistate operator Verano Holdings Corp. is in the process of moving its Canada-listed shares from the Canadian Securities Exchange to the Cboe Canada exchange.
Chicago-based Verano said it has received conditional approval to list its Class A subordinate voting shares on the Cboe Canada exchange, which was previously called the NEO Exchange before its acquisition by Cboe Global Markets.
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“The transition to Cboe Canada does not require the company to recapitalize or undertake any corporate restructuring,” Verano said in a Tuesday news release.
Verano believes moving to Cboe Canada “will better position the company to capitalize on future legislative catalysts in the U.S,” founder and CEO George Archos said in a statement.
“We continuously evaluate opportunities in the capital markets and have confidence that moving to Cboe Canada will provide improved access to liquidity for our investors through its market-making services, as well as
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