The CEO of the first marijuana company to IPO in the US reveals why this was the right time to go public
|07/20/2018||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>