NEO Marijuana Stocks

- August 1st, 2019

As the cannabis market continues its expansion, investors can now find marijuana stocks on the NEO Exchange.

Thanks to the cannabis market’s burgeoning path, new listings are appearing regularly.

The emerging NEO Exchange has opened itself up to listing more marijuana stocks since it elected not to block companies with operating assets in the US.

“Clearly we are moving now in a period where there was a lot of focus on US marijuana firms,” Jos Schmitt, president and CEO of the NEO, previously told the Investing News Network (INN), “There’s a lot of interest in that space.”

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The appeal of the NEO has reached a variety of cannabis companies looking to raise capital in Canada. Investors are now seeing more options for the Toronto-based exchange.

Here INN offers investors a growing list of active cannabis stocks found on the NEO.

Ayr Strategies (NEO:AYR.A,OTCQX:AYRSF)

Ayr Strategies reached the NEO as a special purpose acquisition corporation (SPAC). Once it became public, it started operating as a vertically integrated multi-state operator (MSO) in the US cannabis sector with assets in Nevada and Massachusetts.

Columbia Care (NEO:CCHW,OTC Pink:COLXF)

Columbia Care is an MSO that is present in 15 jurisdictions in the US cannabis market, including marijuana shops and growing facilities.

Halo Labs (NEO:HALO,OTCQX:AGEEF)

This firm offers a play into the cannabis extraction market with production of cannabis oils and concentrates and operations in California, Nevada and Oregon.

Jushi Holdings (NEO:JUSH.B)

Jushi Holdings reached the NEO as an MSO focused on cannabis and hemp-derived assets in the US market. It is looking to expand its branded product line across legal markets.

Maple Leaf Green World (NEO:MGW,OTCQX:MGWFF)

Maple Leaf Green World is a cannabis company with interests in the Canadian and US markets. The firm has growing operations in Canada and a focus on the production and export of cannabis oil.

Mercer Park Brand Acquisition (NEO:BRND.U)

This company is a SPAC looking for acquisitions in the cannabis business or deals adjacent to the industry. The company has not limited itself to only cannabis acquisitions.

Subversive Capital Acquisition (NEO:SVC.UN.U)

Subversive Capital Acquisition (SCAC) is a SPAC looking for opportunities in the overall cannabis market. To date, SCAC’s SPAC listing is the largest on the NEO.

Don’t forget to follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

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