TLRY News

Two "vice" stocks are among the worst-performing IPOs of 2019. Canadian cannabis producer Sundial Growers (SNDL) is down 82% from its IPO. Greenlane Holdings (GNLN), a national distributor of vape products, is down 84%. ...read more

Sundial Growers, an early-stage Canadian cannabis producer, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Sundial is the second Canadian cannabis grower to file for a US IPO in the past two weeks, following Flowr's (FLWR) $94 million filing last week. A larger Canadian cannabis grower, Tilray (TLRY)...read more

Renaissance Capital has updated the 2018 US IPO Annual Review with returns through December 31. Download a free Preview of the report, and sign up for IPO market updates delivered to your inbox in 2019. For the full report, sign up for a free 7-day trial of ...read more

The IPO market came back full force this week following the July 4th pause. Nine deals raised a combined $931 million, averaging a gain of 29%. Five biotechs went public, including top performer Allakos, which finished the week up 95%. Tilray grabbed headlines as the first marijuana seller to IPO in the US, and excitement in the space drove a 75% gain. High-growth breast...read more