CannaTrust Holdings (TSX: TRST) has announced this morning that the company will voluntarily delisted from the Canadian Stock Exchange (CSE) and will commence trading on the Toronto Stock Exchange (TSX) on March 5, 2018.
The Toronto Stock Exchange is the largest stock exchange in Canada. Though it is costlier for a public company to list their company on the TSX, the move will allow the company to gain attention from a larger pool of accredited investors.
CannaTrust is a licensed producer of medical cannabis under the Health Canada Access to Cannabis for Medical Purposes Regulations (ACMPR) program. The company operates a 60,000 sq. ft. state of the art hydroponic facility in Ontario and has also recently completed construction of its 250,000 sq. ft. Niagara Greenhouse Facility. The Niagara Facility has the potential for another 180,000 sq. ft. readily available for construction.