Lifeist Wellness Inc (NXTTF)

[antonaki2]

You guys are on the right track when you mention CSE policies on mergers and acquisitions but not for the reasons that your thinking. Although costs are significantly lower and a definite bonus, the biggest reason companies are switching to CSE is because of it's significantly more business friendly environment when it comes to things, like mergers, acquisitions and changes of business. The TSX has so many company unfriendly regulations that companies are literally afraid to do a simple change of direction for their business for fear of getting halted for months on end. Enertopia, Abattis, Ariss Hemp Group and Next Gen have all gone there so their business models are in no way hampered by the exchange itself. It was all so much easier to do that through the CSE. Take for example the Tweed reverse takeover IPO of a TSX listed company, it has been halted for months while the severely backlogged TSX has been dealing with all the legalities that it itself has created. Had it been done on the CSE it would of all happened in pretty short order. Of course both exchanges still have to adhere to Ontario Securities Commission law.