58672
50140
56468
S&P/TSX
16149.92
-46.12
(-0.28%)
S&P-CDNX
714.45
-9.30
(-1.28%)
S&P-500
2907.95
+3.64
(0.13%)
NASDAQ
1174.27
+7.16
(0.61%)
Dow
26405.76
+158.80
(0.61%)
Dollar
0.77395
+0.00028
(+0.03559%)
Oil
71.22
+0.45
(+0.64%)
Gold
1210.50
+2.20
(+0.18%)
Silver
14.370
+0.090
(+0.63%)


Tilray files for Nasdaq IPO

Cannabis producer Tilray Inc. has filed for a proposed initial public offering on the Nasdaq stock exchange.

The Nanaimo-based company says it has not determined the number of shares to be offered or the price range for the offering. It will trade under the symbol TLRY.

The company says it does not intent to list on any stock exchange in Canada.

In its filing, Tilray boasts of having its products available in 10 countries and agreements with established pharmaceutical distributors in 12.

In Canada, the company has signed agreements to supply medical cannabis to Pharmasave and Shoppers Drug Mart.

The company has also signed agreements to supply cannabis for adult-use with Quebec, Yukon, and the Northwest Territories and says it's finalizing a letter of intent with Manitoba.



More Business News

132163
Data from CryptoCompare
Recent Trending
57844
Okanagan Oldies
59188
Castanet Proud Member of RTNDA Canada
132202
Press Room
52157
59599