Apr 11, 2019
From its headquarters in Florida, Global Consortium Inc. (OTC: GCGX), a diversified cannabis holding company expanding its reach nationwide with several subsidiaries, is evaluating an opportunity to take one of its divisions public in Canada. Cannabis businesses listed in Canada have historically thrived after going public on the Canadian Stock Exchange (“CSE”), which also allows firms to dual list in the United States, as the company noted in a news release (http://nnw.fm/dLzQ4).
The benefits of taking one of Global Consortium’s divisions public on the CSE include the possibility of receiving a higher multiple and potentially gaining easier access to capital for expansion, as the news release states. The Canadian government’s passage of the…
NOTE TO INVESTORS: The latest news and updates relating to GCGX are available in the company’s newsroom at http://nnw.fm/GCGX
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