Sundial Growers, a Canadian cannabis firm, and California-based KushCo Holdings have utilized to be listed on the Nasdaq.
Sundial, primarily based in Calgary, Alberta, would function below the ticker image SNDL.
The variety of shares to be supplied and the value vary for the providing haven’t been decided.
The corporate at the moment operates two services in its residence province of Alberta and is planning a 3rd one in British Columbia.
Sundial additionally runs three services in the UK, the place it not too long ago acquired CBD firm Bridge Farm Group.
The corporate would be part of different Canadian cannabis firms on the Nasdaq, together with main licensed producers Tilray, Cronos Group and Organigram.
Extra particulars on Sundial’s deliberate itemizing will be discovered right here.
Within the interim, the corporate will proceed to commerce on the over-the-counter market below its present ticker image KSHB.
In a information launch, KushCo CEO Nick Kovacevich stated a Nasdaq itemizing would “elevate the corporate’s profile by diversifying our shareholder base and enhancing share liquidity in assist of our firm’s long-term targets and goals.”