The Globe and Mail reports in its Wednesday edition that the Canadian Securities Exchange continues to welcome firms with links to the U.S. cannabis market after the TMX Group threatened to kick those companies off of its exchanges. The Globe's Christina Pellegrini writes that the CSE insists its marijuana listings comply with state law where they operate and that they tell investors about the legal backlash they could face by earning revenue tied to a drug that is illegal under U.S. federal law. TMX, however, is not allowing cannabis companies that could violate U.S. federal law to list on the Toronto Stock Exchange and TSX Venture Exchange, and has initiated a review of existing issuers to determine if any should be delisted. Issuers removed from the TSX or TSX-V may be able to find a new home on the CSE. "We obviously have a starkly different opinion when it comes to this space," said Richard Carleton, chief executive officer of CNSX Markets, which runs the CSE. "This is clearly one of the biggest growth spaces in the public capital markets. We are ready and willing to work with these companies." The CSE has identified 12 pot companies on its exchange, with Friday Night the most actively traded.