Curaleaf Will Ring Opening Bell At Toronto Stock Exchange To Celebrate Landmark Listing

Curaleaf Holdings, Inc. CURA  CURLF announced on Tuesday that it has complied with all the conditions listed in the conditional listing approval delivered by the Toronto Stock Exchange in connection with the listing of its subordinate voting shares on the TSX.

The cannabis giant said the shares will commence trading on the TSX on Thursday, Dec, 14. under the ticker symbol “CURA.” It will celebrate the milestone by ringing the opening bell of the TSX in Toronto on the same day.

The company’s CEO Matt Darin and executive chairman Boris Jordan will be joined by members of Curaleaf’s senior management team at the event.

“This is a monumental week for our team, and for the entire Curaleaf community,” Darin said. “With greater access to global financial institutions and resources for our business, our team is eager to reach new heights as we continue cultivating, distributing, and retailing the best possible cannabis products to consumers the world over. I want to thank everyone – especially our 5200 team members – who have contributed to this achievement.

Read also: Can The TSX Save The Cannabis Industry? What TerrAscend’s Listing Could Mean

Jordan shared Darin’s enthusiasm.

 “As Curaleaf is now eligible for inclusion into indexes such as TSX and MSCI, this uplisting will ultimately provide significantly higher access to an even broader set of institutional investors from around the world and increase our stock’s liquidity long term," Jordan said.

In connection with the TSX listing, the shares will be delisted from the Canadian Securities Exchange (CSE) at the close of markets on Wednesday, Dec. 13.

With this move, Curaleaf is joining multi-state operator TerrAscend Corp., TSND TSNDF which is doing business in Canada and the US and has secured a listing on TSX in the summer of 2023. The company run by executive chairman Jason Wild was the first American cannabis MSO to trade on the Canadian exchange.

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