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8/23/2018 9:07:43 AM /NG High 2 days ago 2.998 Where is just as important as when. |
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8/24/2018 10:55:47 AM UPDATE: Tilray stock surges after supply agreement with Ontario Cannabis StoreFont size: A | A | A 1:53 PM ET 8/21/18 | MarketWatch RELATED QUOTES 11:00 AM ET 8/24/18 Symbol Last % Chg TLRY 41.91 9.57% Real time quote. UPDATE: Tilray stock surges after supply agreement with Ontario Cannabis Store Tilray Inc. stock surged 8.8% to $39.06 in afternoon trading Tuesday, after the Ontario Cannabis Store announced supply agreements with 26 licensed cannabis producers, including Tilray. Tilray stock traded up roughly 15% earlier in Tuesday's session before pulling back. Tilray priced its initial public offering at $17, and became the first cannabis company to IPO on the Nasdaq exchange. Canada has legalized adult recreational use of weed and the new regime is set to roll out October 17. In Ontario, Canada's most populous province, the Ontario Cannabis Store is the sole online retailer of cannabis. Other cannabis stocks that had reached agreements with the Ontario Cannabis Store such as Canopy Growth Corp. (WEED.T) also rose in Tuesday trading. The S&P 500 index gained 0.5% Tuesday. -Max A. Cherney; 415-439-6400; AskNewswires@dowjones.com > Dow Jones Newswires August 21, 2018 13:53 ET (17:53 GMT) Copyright (c) 2018 Dow Jones & Company, Inc. |
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