Canadian Pot Firm Sundial Growers Follows Tilray to Market
Marijuana plants grow in a greenhouse.
Photographer: Matthew Staver/Bloomberg
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Sundial Growers Inc. is seeking to become the next Canadian cannabis company to sell shares first in the U.S., following the path forged last year by Tilray Inc.
Sundial Growers filed documents with regulators to list on the Nasdaq Global Select Market under ticker symbol SNDL, the Calgary-based firm said Friday in a statement. Cowen and Co. and Bank of Montreal’s BMO Capital Markets are leading the initial public offering, and Barclays Plc is also involved. Terms weren’t disclosed in its preliminary filing.