CannaRoyalty Comments on Securities Clearance for US Cannabis

CannaRoyalty (CSE:CRZ; OTCQX:CNNRF) shared a comment on the memorandum of understanding signed between CDS Clearing and Depository Services and Canadian Equities Exchanges.

As quoted in the press release:

“Taken in combination with the positive staff notice released by the Canadian Securities Administrators (“CSA”) yesterday, we view this MOU as a clear and positive statement in support of Canadian issuers with U.S. marijuana-related activities,” said Marc Lustig, CEO of CannaRoyalty. “We applaud CDS and its parent company TMX Group for clarifying this issue for investors once and for all.”

The MOU reinforces CDS’ reliance on individual exchanges to review the conduct of listed issuers based on those exchanges’ listing requirements. The Canadian Securities Exchange, which signed the MOU, has repeatedly expressed support for issuers with U.S. cannabis assets such as CannaRoyalty.

Click here to read the full press release.

Source: www.newswire.ca