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Cannabis Producer Tilray Files for IPO on Nasdaq Stock Exchange

The company will trade under the symbol TLRY.

Stocks

NANAIMO, B.C. — Cannabis producer Tilray Inc. has filed for a proposed initial public offering on the Nasdaq stock exchange.

The Nanaimo, B.C.-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 intend 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.

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Top photo courtesy of Adobe Stock

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