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Canadian medical cannabis producer Emblem is set to go public next month on the TSX Venture Exchange, the electronic exchange owned by the parent of the Toronto Stock Exchange.
The Ontario company is the latest federally licensed medical marijuana cultivator to list its shares on an exchange, thanks to Canada’s legalized MMJ industry.
Emblem President John Stewart told MoneyShow.com the IPO will come out next month and trade under the symbol EMC. Stewart said the company hasn’t yet priced the offering but that it’s likely to fall between 1 and 1.25 Canadian dollars per share (76 cents to 95