Canadian stock exchange operator tries to clear air on cannabis stance

Canada’s cannabis industry and investors looking for clarity from TMX Group over its stance on MJ companies with U.S. assets will have to keep waiting. TMX said in a news release Thursday it’s holding talks with Canada’s provincial and territorial securities regulators over the clearing of securities of issuers with marijuana-related activities in the United States. TMX operates the Toronto Stock Exchange and the TSX Venture Exchange. “This is a complex matter,” TMX said in the two-paragraph statement. A cloud has been hanging over the industry since various news outlets reported that the Canadian Depository for Securities (CDS) – a clearinghouse owned by ... Canadian stock exchange operator tries to clear air on cannabis stance is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs