The Green Organic Dutchman Holdings Ltd., a leading producer of premium certified organically grown cannabis, announces today that the Company intends to list its common shares and listed Common Share purchase warrants on the Canadian Securities Exchange, and has received conditional approval from the CSE to do so. The Company is currently addressing all outstanding items to receive final approval of its application to list its Common Shares and Warrants on the CSE. Pursuant to Part VII, Section 720 of the Toronto Stock Exchange (the “TSX“) Company Manual, the Company has also submitted an application to the TSX to voluntarily delist its Common Shares and Warrants. The Voluntary Delisting Application is subject to TSX approval. The board of directors and management of the Company believe that listing the Common Shares and Warrants on the CSE will be beneficial to the Company and its security holders, as a result of the Company being subject to reduced filing fees and obligations.n line with recent corporate objectives, the CSE Listing will allow the Company to accelerate plans for an entry into the United States (“U.S.“) market. As mentioned in the Company’s most recent quarterly results communication, initial discussions have commenced with approximately half a dozen groups in the U.S., in respect of the Company’s plans to enter into the U.S. market.
Sean Hocking, Cannabis Law Report, 08/27/2021 04:42:00
Open article: https://cannabislaw.report/tgod-announces-conditional-approval-of-listing-application-on-the-canadian-securities-exchange-and-pending-voluntary-delisting-from-the-toronto-stock-exchange/