Clearinghouse Restrictions on Cannabis Securities
Boerse Stuttgart and Clearstream Banking have announced that they will no longer provide services for issues whose main business is connected directly or indirectly to cannabis and other narcotics products. Consequently, those securities will no longer trade on the Stuttgart (SWB) or Frankfurt (FWB) stock exchanges. Effective as of the 19 September 2018 close, we will take the following actions:
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Force close any impacted positions which clients have not acted to close and that are not eligible for transfer to a U.S. listing; and
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Force transfer to a U.S. listing any impacted positions which clients have not acted to close and that are eligible for such transfer.
Outlined in the table below are impacted issues as announced by the Boerse Stuttgart and Clearstream Banking as of 7 August 2018. This table includes a notation as to whether the impacted issue is eligible for transfer to a U.S. listing. Note that the clearinghouses have indicated that this list may not yet be complete and clients are advised to review their respective websites for the most current information.
ISIN | Name | Exchange | U.S Transfer Eligible? |
U.S Symbol |
---|---|---|---|---|
CA00258G1037 | ABATTIS BIOCEUTICALS CORP | FWB2 | YES | ATTBF |
CA05156X1087 | AURORA CANNABIS INC | FWB2, SWB2 | YES | ACBFF |
CA37956B1013 | GLOBAL CANNABIS APPLICATIONS | FWB2 |
YES |
FUAPF |
US3988451072 | GROOVE BOTANICALS INC | FWB | YES | GRVE |
US45408X3089 | INDIA GLOBALIZATION CAPITAL | FWB2, SWB2 | YES | ICG |
CA4576371062 | INMED PHARMACEUTICALS INC | FWB2 | YES | IMLFF |
CA53224Y1043 | LIFESTYLE DELIVERY SYSTEMS I | FWB2, SWB2 | YES | LDSYF |
CA56575M1086 | MARAPHARM VENTURES INC | FWB2, SWB2 | YES | MRPHF |
CA5768081096 | MATICA ENTERPRISES INC | FWB2, SWB2 | YES | MQPXF |
CA62987D1087 | NAMASTE TECHNOLOGIES INC | FWB2, SWB2 | YES | NXTTF |
CA63902L1004 | NATURALLY SPLENDID ENT LTD | FWB2, SWB2 | YES | NSPDF |
CA88166Y1007 | TETRA BIO-PHARMA INC | FWB2 | YES | TBPMF |
CA92347A1066 | VERITAS PHARMA INC | FWB2 | YES | VRTHF |
CA1377991023 | CANNTAB THERAPEUTICS LTD | FWB2 | NO | |
CA74737N1042 | QUADRON CANNATECH CORP | FWB2 | NO | |
CA84730M1023 | SPEAKEASY CANNABIS CLUB LTD | FWB2, SWB2 | NO | |
CA86860J1066 | SUPREME CANNABIS CO INC/THE | FWB2 | NO | |
CA92858L2021 |
VODIS PHARMACEUTICALS INC | FWB2 | NO |
IMPORTANT NOTES:
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U.S. listings generally trade over-the-counter (PINK) and are denominated in USD not EUR thereby exposing you to exchange rate risk in addition to market risk.
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Account holders maintaining PINK Sheet securities require United States (Penny Stocks) trading permissions in order to enter opening orders.
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All users on accounts maintaining United States (Penny Stocks) trading permissions are required use 2 Factor login protection when logging into the account.