Big Tobacco and Major US Stock Exchange Approval Further Boost Cannabis Sector Credibility - InvestingChannel

Big Tobacco and Major US Stock Exchange Approval Further Boost Cannabis Sector Credibility

Positive momentum for the cannabis sector continued recently, as it received two major endorsements from mainstream sources: namely from Big Tobacco, and a major US exchange.

The first signal came when Cronos Group Inc. (NASDAQ: CRON) (TSX.V: MJN) officially began trading on the Nasdaq stock exchange, under the trading ticker symbol “CRON”—becoming the first ever cannabis company to do so.

Already trading on the TSX Venture exchange, the Cronos Nasdaq approval could open the door to other Canadian cannabis companies, including fellow TSX.V listed Aurora Cannabis Inc. (TSXV: ACB) (OTC: ACBFF), big board TSX-listed Canopy Growth Inc. (TSX: WEED) (OTC: TWMJF), or Canadian Stock Exchange traded MYM Nutraceuticals Inc. (CSE: MYM) (OTC: MYMMF).

The Nasdaq announcement was followed by the revelation that …View the full post at: Big Tobacco and Major US Stock Exchange Approval Further Boost Cannabis Sector Credibility

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