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FSD Pharma Inc to Ring Canadian Stock Exchange Opening Bell on Friday
It celebrates its status as the first company listed on the CSE to appear on a double American stock exchange
Inc. (NASDAQ: HUGE) () accepted an invitation to ring the opening bell at the Canadian Stock Exchange (CSE) on Friday.
CEO Raza Bokhari, co-founders Anthony Durkacz and Zeeshan Saeed, and other members of the company's management team will represent the pharmaceutical cannabis research company at CSE Media Center's Toronto.
The event will be broadcast live on the CSE Instagram and Youtube Channels starting at 9:28 a.m.ET and the bell ringing at 9:30 a.m.
LILY: FSD Pharma Inc generates $ 7.7 million in proceeds from the sale of its stake in Cannara Biotech
"We are extremely pleased to ring the bell at the CSE to celebrate our accomplishment as the first CSE-listed company to be listed on a major US stock exchange," said Bokhari in a statement.
"After raising a record capital of $ 53 million in pre-registration and following our IPO at the CSE in May 2018, we have continued to demonstrate a success story which is reflected in trading liquidity which exceeds 6 billion actions to date that is among the leaders of the CSE.
The Toronto-based company began trading on the Nasdaq on January 9 and was able to ring the opening bell in New York later this month.
"Today, we are part of a select group of 12 Canadian-domiciled cannabis-related companies that trade on a large U.S. stock exchange," said Bokhari. "I am hopeful that sooner or later, we will be placed in a separate league as we continue to demonstrate that the primary objective of our company is to conduct clinical trials by the FDA approved by the United States on synthetic compounds with anti-inflammatory properties that target the endocannabinoid system of the human body. "
CSE officials were impressed with the progress made by the FSD.
"Entrepreneurs around the world have come to recognize CSE as the ideal platform for accessing capital at low cost," said CSE CEO Richard Carleton. We are celebrating one of ours as an emerging market leader. What Raza and his leadership team have built serves as a roadmap for other entrepreneurs supported by CST as their pre-eminent global listing location. "
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