Securities regulator sets out rules for Canadian marijuana stocks with U.S. interests

The Canadian Securities Administrators set out "specific disclosure expectations" for marijuana industry firms with investments in the U.S., offering much-anticipated clarity for companies that operate on both sides of the border.

The umbrella organization for Canada's provincial and territorial securities regulators put out a staff notice, saying that cannabis companies must tell investors about certain risks when they invest south of the border — where growing and selling marijuana remains illegal under federal laws.

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