CanniMed Listing Caps Off Banner Year for Blooming Marijuana Sector

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CanniMed listing caps off banner year for blooming marijuana sector

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CanniMed Therapeutics Inc. became the latest and last medical marijuana company Thursday to go public in 2016, capping off a banner year in the burgeoning sector.

With just two trading days left in 2016, the company opened the TSX market Thursday, opening with a listing price of $12 a share, but was trading slightly lower than that, at $11.45 per share Thursday afternoon on a down day for the entire sector. That gives it a valuation of some $208 million.

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