and only eight states have enacted recreational laws. While the overall state-legal market
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with the 21–29 age group having the highest and the 70+ age group having the
moderate and heavy) to each age group of
these and other factors affecting market size vary considerably across continents
and less than 5% have annual revenue greater than $25 million.
have de minimis revenue and are not profitable. We use the term
as there are significant differences across the various exchanges and markets with respect to listing
the New York Stock Exchange (NYSE) and the NYSE American (NYSE
trading and corporate governance requirements. The TSXV focuses on companies
Canadian and Australian stock markets in the twelve months ended Septem -
two were trading on the NYSE American (both in the pharmaceutical industry) and more
(ii) have limited trading volume and liquidity
as compared to Nasdaq and the NYSE. The following chart provides a comparison
liquidity and corporate governance requirements. Most Canadian publicly traded
traditional institutional investors—most notably the venture capital and private equity