QualityStocksNewsBreaks – Global Consortium, Inc (GCGX) Exploring Opportunity to Take One of its Divisions Public in Canada
Global Consortium (OTC: GCGX) this morning announced that it is participating in ongoing discussions to take one of its divisions public in Canada, where it can receive a higher multiple and gain easier access to capital for expansion. Cannabis companies have thrived after going public on the CSE and dual listing in the United States, where opportunities exist at reasonable valuations while the country keeps cannabis in the grey area between state and federal government regulations. Utilizing the Canadian markets to raise capital would open growth potential currently being missed. Global's CPA is nearly finished with consolidation of the financials,…