14 January 2019 | News
This unique four-day event will provide a comprehensive overview of trading, cross-listings and related capital raising options for the global portfolio of early-stage, growth-oriented, innovative and entrepreneurial cannabis companies
The Canadian Securities Exchange (CSE), a Canadian listing exchange recognized as a Qualified Foreign Exchange in the U.S., Kapoor Kapital, and OTC Markets Group Inc. (OTCM), operator of financial markets for 10,000 U.S. and global securities, announce that they will co-host the exclusive Canada Cannabis House at 64 Promenade in Davos, Switzerland taking place January 22-25, 2019. With the rapidly advancing global expansion of cannabis legalization, this iconic international location will convene industry leaders and senior executives from publicly-traded cannabis companies influenced by the Canadian listing and trading experience.
With support from lead sponsor Canaccord Genuity, the leading investment bank to the global cannabis industry, the exclusive Canada Cannabis House will be situated at the center of all activity in Davos. Among the events taking place at Canada Cannabis House, senior executives from CSE, OTC Markets Group and Canaccord Genuity will join leading cannabis industry associations, industry thought leaders and C-suite executives representing the expanding roster of private, U.S.-quoted, and Canadian-listed cannabis companies.
This unique four-day event will provide a comprehensive overview of trading, cross-listings and related capital raising options for the global portfolio of early-stage, growth-oriented, innovative and entrepreneurial cannabis companies.
A series of panel discussions will cover topics such as:
Cannabis in the Capital Markets – What's Getting Funded Next?
How to Capitalize on the US Cannabis Opportunity – Navigating Regulatory Uncertainty
The Next Investment Opportunities in Global Cannabis Expansion
Exporting Cannabis Innovation to the World from Israel
Richard Carleton CEO of the CSE, outlines the many reasons why this is the ideal time to share the CSE's value proposition to the global audience in Davos:
"The CSE is pleased to showcase Canada's leadership position in the development of the global cannabis industry to the Davos community. Canadian companies have a wealth of knowledge and experience in the corporate finance and policy development as well as the technologies that optimize the cultivation, extraction and delivery of cannabis and hemp-based products. As the home to the greatest number of public cannabis and hemp-related companies, the CSE is in a unique position to provide a forum for these companies to share their capabilities with peers from around the world".
OTC Markets Group, a regular collaborator with the Canadian Securities Exchange, specifically on international endeavours, adds the following:
"Our alliance with the CSE continues to present today's innovative cannabis companies with a streamlined approach to enhance their North American profile and gain secondary access to the broad pool of U.S. investors through cross-trading," said Jason Paltrowitz, Director, OTC Markets Group International Ltd. and EVP of Corporate Services at OTC Markets. "OTC Markets Group is proud to be at the forefront of the conversations taking place at Davos surrounding cannabis and the exponential growth in publicly-traded securities from this sector."
As of December 31, 2018, there are 446 cannabis-related securities trading on OTC Markets Group's OTCQX, OTCQB, and Pink Markets with a total market cap of $20.75bn. MedMen Enterprises Inc. (OTCQX: MMNFF), Green Thumb Industries Inc. (OTCQX: GTBIF) and MariMed Inc. (OTCQB: MRMD) are among the top 5 cannabis-related companies traded on OTC Markets based upon market cap. The CSE also ended the year with a total of 124 cannabis-related issues, representing an enterprise value over $25bn.