Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares at $17 apiece and watched them soar, closing at $22.39, a jump of slightly more than 32 percent. The […]
View More Public shareholders got high today on Tilray, the first marijuana company to IPO on NasdaqCategory: privateer holdings
Privateer closes $100M round at $600M+ valuation to invest in cannabis startups
It’s high times for the marijuana industry, which has been flourishing in recent years as more regions move to decriminalise the use of it for medical and other purposes. Now, Privateer Holdings, one of the big investors in the space, has raised $100 million to back more cannabis startups and capitalise on that trend. This Series C brings the total raised by Privateer to $200 million… Read More