MMJ cultivator Aphria gets initial OK to join Toronto Stock Exchange

Aphria, one of the largest federally licensed medical marijuana cultivation companies in Canada, on Monday received conditional approval to list on the Toronto Stock Exchange and announced a deal to raise 50 million Canadian dollars ($38.25 million). The TSX will grant final approval to Aphria if meets certain conditions the company described as “standard and customary” by May 3, according to a news release. Aphria currently trades on the TSX Venture Exchange. If the Leamington, Ontario, company does receive the final OK, it would become the third marijuana-touching company to list on the TSX. Two other federally licensed MMJ ... MMJ cultivator Aphria gets initial OK to join Toronto Stock Exchange is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs