Israeli firm, Kanabo Research, aims to become the first cannabis company to list on the London Stock Exchange as it bids to boost its fundraising drive.
Yet Tamir believes the LSE, the seventh largest exchange in the world, offers a better opportunity to drum up interest. The exchange has more than 3,000 listed companies, including BP, Barclays, and GlaxoSmithKline, with a combined market cap of $3.8 trillion, but there are no pot stocks. “In this industry, the first-mover advantage is significant,” said Tamir, adding that the first pot stocks to list in Canada remain the largest.
More than half a million Britons have signed a petition calling on proroguing to be stopped, opposition leader Jeremy Corbyn has vowed to fight it and Scottish Conservative leader Ruth Davidson has resigned. Critics fear that Brexit will make the UK more isolated and damage its economy, but Tamir is undaunted.