Verano Holdings Begins Trading On Canada's Neo Exchange, Fueling Expansion And Evolution
Portfolio Pulse from Jelena Martinovic
Verano Holdings Corp. has started trading its Class A subordinate voting shares on Canada's Neo Exchange Inc., which operates as Cboe Global Markets, Inc. The shares will trade under the symbol 'VRNO' in Canada and 'VRNOF' in the U.S. The move is seen as strategic, positioning Verano for growth and expansion in the rapidly changing cannabis industry. Verano's shares traded 1.9396% lower at $4.55 per share on Wednesday afternoon.
October 18, 2023 | 5:49 pm
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NEGATIVE IMPACT
Verano Holdings' shares began trading on the Neo Exchange and the OTCQX, but traded 1.9396% lower at $4.55 per share.
The news of Verano Holdings' shares beginning to trade on the Neo Exchange and the OTCQX is directly related to the company and its stock. However, the shares traded lower, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Verano Holdings' shares began trading on the Neo Exchange, which operates as Cboe Global Markets, Inc.
The news is indirectly related to Cboe Global Markets, as it operates the Neo Exchange where Verano Holdings' shares began trading. The impact on Cboe's stock is neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50