A Colombian cannabis venture has started raising capital in the hungry Canadian public cannabis market. Thanks to a reverse takeover the Colombian-based Khiron Life Sciences (TSXV: KHRN) has made its public debut on the TSX Venture Exchange on Thursday (May 24) under the ticker symbol “KHRN.” Alvaro Torres, president, and CEO of Khiron told the Investing News Network (INN) the company picked the TSXV to launch the stock company because of its security. “[The] TSXV w[ill] provide for us a level of comfort for investors and for [the] government of Colombia to know we are doing things the right way,” Torres said. Things have changed for investors since the time Torres started pitching the opportunity in Colombia. At first, the questions were simply on security issues but now, Torres said, the questions are focused on the market and investors are more involved than what he heard a year ago. “Investors now are also saying that the Canadian market is a bit oversaturated and that there are opportunities to grow elsewhere,” he said. “If you look at Colombia, [it] is like taking a time machine [back] to five years ago where Canada was.”
Hemp Land, Cannabis Hemp Blog, 04/04/2022 11:03:00
Open article: https://hempland.net/khiron-life-sciences-launches-on-the-tsx-venture-exchange/