Yes, you are trading the same shares on both exchanges. If you lived in Canada and wanted to buy shares in SHWZ, you couldn't do that until today. Now that the stock is listed in Canada, Canadians can now buy shares in SHWZ.
The more people that can buy your stock in the world gives the ability for possible price appreciation. I AM NOT EXPECTING THIS, but if Dye decided to expand taking the company to Canada, then it would probably catch more attention there. But since many Canadians have interest in cannabis companies with it being legal in Canada, it opens another option for stock investors there. Since SHWZ will most likely be one of only a few cannabis companies that will be profitable, it will most like gain interest.
As I stated yesterday, SHWZ shares trade at approximately 80% American dollars vs 100% Canadian dollars. So, at yesterday close, SHWZ at $1.68 American was equal to $2.11 Canadian. Currently SHWZ is at $1.69 in the USA and traded at $2.12 Canadian today. They will cross trade SHWZ between the US exchanges and the NEO to keep the price equal to the US dollar exchange rate vs Canada.
So simply put it this way, don't expect anything to change about SHWZ's price except to know that it gives the Canadian stock traders a chance to own shares in SHWZ.
And one more thing, being listed on a senior stock exchange (NEO is one) that will make listing on the NYSE automatic if cannabis becomes legal in the USA in the future because the NYSE and NEO have an agreement that makes companies on either exchange qualify for both exchanges due to the due diligence to be listed on either.
