moderate and heavy) to each age group of
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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
acquire and otherwise operate cannabis-related businesses in the United States.
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
it is challenging to get accurate and comprehensive data