Marijuana IPOs in 2019: These companies could be the next hot pot stocks
U.S. companies, especially those that don’t actually touch the cannabis, are expected to aim for listings
As 2018 draws to a close and the reality of recreational marijuana in Canada sinks in, the next round of initial public offerings in the cannabis sector will likely come from U.S.-based companies looking to raise cash.
For Canadian companies, the IPO party is most likely just about over, according to ETFMG Alternative Harvest ETF MJ, +2.53% partner Jason Wilson, who doesn’t expect a swath of freshly capitalized Canadian companies to list in 2019. At the close of this year, there are already dozens of publicly traded firms in the chilly country battling one another for the recreational market that has kicked off with more of a whimper than a bang.
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https://www.marketwatch.com/story/mariju...2018-12-27
U.S. companies, especially those that don’t actually touch the cannabis, are expected to aim for listings
As 2018 draws to a close and the reality of recreational marijuana in Canada sinks in, the next round of initial public offerings in the cannabis sector will likely come from U.S.-based companies looking to raise cash.
For Canadian companies, the IPO party is most likely just about over, according to ETFMG Alternative Harvest ETF MJ, +2.53% partner Jason Wilson, who doesn’t expect a swath of freshly capitalized Canadian companies to list in 2019. At the close of this year, there are already dozens of publicly traded firms in the chilly country battling one another for the recreational market that has kicked off with more of a whimper than a bang.
...
https://www.marketwatch.com/story/mariju...2018-12-27
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