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The CEO of the first marijuana company to IPO in the US reveals why this was the right time to go public





Brendan Kennedy tilray ceo

  • Tilray, a Canadian company, became the first marijuana producer to IPO on a US-based exchange.
  • The company’s shares soared on its first day of trading on the Nasdaq, an indication that public markets are bullish on pot.
  • Tilray CEO Brendan Kennedy told Business Insider in an interview that institutional investors wanted to see a marijuana producer list on a US exchange before putting money into the industry.
  • Watch the interview below.

Tilray, a Canadian-based company, became the first marijuana producer on Thursday to conduct an initial public offering in the US.

The British Columbia-based cultivator’s stock soared in a sign of the read more >>>

Source:: BusinessInsider.Com

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