HOUSE_OVERSIGHT_024768.jpg
1.25 MB
Extraction Summary
0
People
8
Organizations
2
Locations
0
Events
0
Relationships
2
Quotes
Document Information
Type:
Investment report page
File Size:
1.25 MB
Summary
This document is page 132 of a December 2017 Cannabis Investment Report by Ackrell Capital, LLC. It provides a detailed comparison of Canadian stock markets (TSX, TSXV, and CSE) regarding their suitability for cannabis-related companies, listing requirements, and market values. The document bears a 'HOUSE_OVERSIGHT_024768' Bates stamp, indicating it was part of a document production to the House Oversight Committee, though no specific individuals (Epstein or otherwise) are named in the text of this specific page.
Locations (2)
| Location | Context |
|---|---|
Key Quotes (2)
"Most Canadian publicly traded cannabis-related companies trade on the CSE due to its less stringent requirements, as compared to the TSX and TSXV."Source
HOUSE_OVERSIGHT_024768.jpg
Quote #1
"More than 10% of the companies traded on the CSE are cannabis-related companies."Source
HOUSE_OVERSIGHT_024768.jpg
Quote #2
Full Extracted Text
Complete text extracted from the document (2,252 characters)
ACKRELL CAPITAL
Cannabis Investment Report | December 2017
Cannabis Investment Report | December 2017
Comparison of Canadian Stock Markets
Similar to stock markets in the United States, Canadian stock markets vary significantly in terms of their financial, liquidity and corporate governance requirements. Most Canadian publicly traded cannabis-related companies trade on the CSE due to its less stringent requirements, as compared to the TSX and TSXV. More than 10% of the companies traded on the CSE are cannabis-related companies. The following chart provides a comparison of the TSX, TSXV and CSE.
Similar to stock markets in the United States, Canadian stock markets vary significantly in terms of their financial, liquidity and corporate governance requirements. Most Canadian publicly traded cannabis-related companies trade on the CSE due to its less stringent requirements, as compared to the TSX and TSXV. More than 10% of the companies traded on the CSE are cannabis-related companies. The following chart provides a comparison of the TSX, TSXV and CSE.
Canadian Stock Market Comparison
[Table Headers]
Toronto Stock Exchange (TSX)
TSX Venture Exchange (TSXV)
Canadian Securities Exchange (CSE)
Toronto Stock Exchange (TSX)
TSX Venture Exchange (TSXV)
Canadian Securities Exchange (CSE)
[Row: Number of Listed Companies]
Total: 1487 | 1791 | 337
Cannabis-related: 6 | 20 | 41
Total: 1487 | 1791 | 337
Cannabis-related: 6 | 20 | 41
[Row: Market Value 1]
Total ($U.S.): $2.0 trillion | $33.7 billion | $6.2 billion
Median ($U.S.): $282.6 million | $5.0 million | $6.1 million
Total ($U.S.): $2.0 trillion | $33.7 billion | $6.2 billion
Median ($U.S.): $282.6 million | $5.0 million | $6.1 million
[Row: Listing or Trading Requirements]
(TSX): Must meet financial and liquidity criteria determined by a company’s industry. Criteria include: Earnings, Revenue, Cash Flow, Net Tangible Assets, Adequate Working Capital, Cash, Market Capitalization, Amount of Publicly Held Shares and Number of Shareholders.
(TSXV): Must meet financial and liquidity criteria determined by a company’s industry. Criteria include: Net Tangible Assets, Revenue, Adequate Working Capital, Property, Operating History, Amount of Publicly Held Shares and Number of Shareholders.
(CSE): Must meet financial and liquidity criteria determined by a company’s industry and whether the company is an operating company. Criteria include: Revenue, Assets, Amount of Publicly Held Shares and Number of Shareholders.
(TSX): Must meet financial and liquidity criteria determined by a company’s industry. Criteria include: Earnings, Revenue, Cash Flow, Net Tangible Assets, Adequate Working Capital, Cash, Market Capitalization, Amount of Publicly Held Shares and Number of Shareholders.
(TSXV): Must meet financial and liquidity criteria determined by a company’s industry. Criteria include: Net Tangible Assets, Revenue, Adequate Working Capital, Property, Operating History, Amount of Publicly Held Shares and Number of Shareholders.
(CSE): Must meet financial and liquidity criteria determined by a company’s industry and whether the company is an operating company. Criteria include: Revenue, Assets, Amount of Publicly Held Shares and Number of Shareholders.
[Row: Corporate Governance Requirements]
(TSX): • Annual audit • Audit committee • Two independent directors
(TSXV): • Annual audit • Audit committee • Two independent directors
(CSE): • Annual audit • Audit committee
(TSX): • Annual audit • Audit committee • Two independent directors
(TSXV): • Annual audit • Audit committee • Two independent directors
(CSE): • Annual audit • Audit committee
[Row: Reporting Requirements]
(TSX): Required to file quarterly and annual reports
(TSXV): Required to file quarterly and annual reports
(CSE): Required to file quarterly and annual reports
(TSX): Required to file quarterly and annual reports
(TSXV): Required to file quarterly and annual reports
(CSE): Required to file quarterly and annual reports
1 Source: S&P Global Market Intelligence
132
© 2017 Ackrell Capital, LLC | Member FINRA / SIPC
HOUSE_OVERSIGHT_024768
© 2017 Ackrell Capital, LLC | Member FINRA / SIPC
HOUSE_OVERSIGHT_024768
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document