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Public shareholders got high today on Tilray, the first marijuana company to IPO on Nasdaq
2018-07-20T00:22:46Z - Connie Loizos / TechCrunch
The company raised $153 million in the offering, capital it will reportedly use in part to fuel its marijuana growing and processing facilities in Ontario. It was a huge win for the cannabis industry, which has been growing like a weed (sorry again). (Cannabis companies are weird.) While it incubated Tilray, for example, it also owns Leafly, a large cannabis information resource that it acquired in 2011. It isn’t exactly clear how much Privateer had sunk into Tilray (we have a press request into the company).

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