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foti1kenobi

11/01/19 10:56 AM

#60057 RE: CNIMBill #60056

Are we doing this again?

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company.
Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.
However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.
Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360.
Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

FUNMAN

11/01/19 11:14 AM

#60059 RE: CNIMBill #60056

All of the cannabis companies will be scrambling to uplist as soon as the SAFE Banking act is enacted into law.

If that takes 6 - 12 months, CVSI financial fundamentals will be looking very pretty on an improving QoQ basis.

USA institutions will be buyers of the profitable cannabis stocks on the US exchanges.