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Tilray IPO: Five things to know about the first pot company to go public on Nasdaq

Canada-based marijuana production and processor Tilray Inc. has laid out its plans to be the first company in the once-clandestine sector to debut on Nasdaq Inc.’s NDAQ, -0.28% Global Select Market exchange.

Tilray TLRY, +0.00% filed for its initial public offering in June, and the stock is expected to list in July under the ticker symbol TLRY. According to Securities and Exchange Commission filings, the company hopes to price shares at $14 to $16, which would raise up to $135 million at the midpoint of that range.

Here’s what you need to know

A first for a pot company

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