CannTrust Holdings (TSX:TRST) announced it obtained regulatory approval to list on the New York Stock Exchange (NYSE).
As quoted in the press release:
Trading of the Company’s common shares on the NYSE will begin on Monday, February 25, 2019 under the ticker symbol “CTST”. The Company’s common shares will continue to be listed on the Toronto Stock Exchange under the ticker symbol “TRST.”
“We are continuously looking to deliver shareholder value and the NYSE listing is a natural progression for CannTrust,” said Peter Aceto, Chief Executive Officer. “We have taken steps to strengthen our management team to accelerate our growth as we face high demand for our products and expertise, both domestically and internationally. Specifically, we have recently hired Greg Guyatt as Chief Financial Officer, who has demonstrated experience in international capital markets. We expect the NYSE listing will result in an expanded institutional and retail shareholder base, increased capital markets exposure and firmly establish CannTrust as a global company.”