Skip to content
Subscriber Only

U.S. Pot Producer Cannex Joins Marijuana Rush to List in Toronto

  • Cannex to list on Canadian Securities Exchange Wednesday
  • Firm looks to expand from Washington into California, Arizona
California Pot Users Turn Out In Droves To Ring In Legal Sales
Photographer: Patrick T. Fallon/Bloomberg

Cannex Capital Group Inc., owner of the largest marijuana company in the U.S., is looking to tap investor demand in Canada by listing its shares in Toronto.

The Vancouver-based company that owns the assets of Northwest Cannabis Solutions in Washington state is poised to start trading Wednesday on the Canadian Securities Exchange, said Chief Executive Officer Anthony Dutton. Cannex is looking to expand its footprint in states such as California and Arizona, becoming the latest company with U.S. operations to list in Canada.