LONDON — Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American “pot stocks” frenzy, a leading industry analyst said on Thursday. “I think there will be 4 or 5 companies quoted in twelve months time,” Nikolaas Faes, an analysts for Bryan Garnier told Reuters on the sidelines of a cannabis industry conference. There has been speculation that London-based medicinal cannabis company Emmac could go public. In 2019, Emmac took over GreenLeaf, a French hemp-based and cannabis healthcare company and Swiss cannabis-based health company Blossom. Listings of cannabis firms in Europe are very rare and currently limited to the small capitalisation segment.

Source: National Post November 28, 2019 16:18 UTC