Since Trudeau announced recreational legalization measures, there's been a lot of attention on Canada's booming cannabis industry. The Canadian Securities Exchange is home to quite a few cannabis companies, given the affordability of listing as well as the option to list ACMPR applicant companies as well as approved Licensed Producers. While the CSE is not the only exchange in Canada, it's a popular choice for Canadian cannabis companies looking to raise capital in the public markets.
Also known as the Frankfurt Stock Exchange, the Frankfurt Börse is home to dual-listings of many Canadian cannabis companies. This offers European investors easier access to some of the leading companies operating in this rapidly growing sector. Companies like Canopy Growth Corp., which has shares listed on the TSX as well as in Frankfurt was the first company to export medical marijuana to Germany. We expect more companies to follow suit after Germany legalized medical marijuana back in January.
Last but certainly not least, is the TSX and the TSX Ventures Exchange. Both owned by the TMX Group, these two exchanges offer options for cannabis companies of all sizes. With higher listing requirements than the CSE, many of the cannabis companies listed on the TSX are some of the largest players in the industry. The TSX Ventures Exchange offers smaller companies an opportunity to access the capital markets with lowered listing requirements. Once home to a bunch of small-cap. mining companies, the TSXV is rapidly becoming home to a whole lot of marijuana-related businesses such as Canabo Medical Corp.