
Canopy Growth’s (NASDAQ:CGC) (TSE: WEED) recently-announced plan to conquer the US cannabis market via consolidation of its U.S. assets into a new holding company, Canopy USA is facing serious hurdles.
According to the company’s new regulatory filing with the SEC, the Nasdaq stock exchange disapproves of Canopy’s plan to consolidate the financial results of Canopy USA at one point.