CanniMed IPO Raises $45M, Lists on Toronto Stock Exchange
CanniMed became the second cannabis business to list on the Toronto Stock Exchange raising $45 million in its initial public offering. Canopy Growth Corp. of Ontario was the first to list on the Toronto exchange in July, 2016. The company specializes in the production of pharmaceutical-grade cannabis and will trade under the ticker symbol “CMED”. Read the full press release here.