photo: There are now 136 cannabis-related securities on OTC Markets Group Inc.'s main and venture market, compared with 144 companies on Canadian exchanges, according to The Toronto Star. Susan Montoya Bryan / The Associated Press file photo With marijuana illegal at the federal level in the U.S., the big exchanges like the NYSE and the Nasdaq only allow listings from companies that don't have American operations, including five Canadian producers. That compares with 144 companies on Canadian exchanges. Rules on the New York-based OTC markets are less stringent and allow companies on qualified foreign exchanges to trade without registering with the Securities and Exchange Commission. The exchanges are very risk averse. Fees are also lower.
(news.financializer.com). As
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