Marijuana companies gear up for IPOs as NYSE and Nasdaq compete to list them
Marijuana companies are preparing for IPOs, with NYSE and Nasdaq both seeking to list them, following the removal of federal banking barriers after a Trump executive order moved weed to Schedule 3 and subsequent DOJ/DEA codification.
Detected & updated continuously · Source: Nebula
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@todd_harrison
Marijuana companies are gearing up for IPOs — and NYSE and Nasdaq are jonesing to list them https://t.co/HqXVhIKyXX https://t.co/njoBrYIDk9
@volckerwasright
"The heightened interest in IPOs for Pot Inc., comes after federal barriers that have long blocked access to banking services are beginning to topple. In December, a Trump executive order moved weed to a Schedule 3 controlled substance, meaning it’s no longer on par with heroin and can be used for medicinal purposes. Then came the April codification of the EO by the DOJ and the DEA into law." This is, at best, extremely misleading, and at worst a deliberate lie. Gasparino must be bagholding!