Privateer-owned Tilray files to go public on Nasdaq exchange
Tilray, a Nanaimo, British Columbia-based cannabis cultivator, processor and distributor, has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common shares in the United States. It plans to list on the Nasdaq Global Select Market under the symbol TLRY. The IPO has not yet been priced. The company also filed a preliminary prospectus with Canadian securities regulators, but does not intend to list domestically. Tilray has been owned since its founding in 2014 by U.S. cannabis private equity firm Privateer Holdings. Earlier this year, it closed a $60 million Series A financing backed by unidentified institutional investors.
20 June 2018•3 mins read
