U.S. pot producer Cannex joins marijuana rush to list in Toronto

Cannex produced 8,500 kilograms of marijuana in 2017 that went into products such as edibles, infused capsules, and vape cartridges.Postmedia Network files

Cannex Capital Group Inc., owner of the largest marijuana company in the U.S., is looking to tap investor demand in Canada by listing its shares in Toronto.

The Vancouver-based company that owns the assets of Northwest Cannabis Solutions in Washington state is poised to start trading Wednesday on the Canadian Securities Exchange, said Chief Executive Officer Anthony Dutton. Cannex is looking to expand its footprint in states such as California and Arizona, becoming the latest company with U.S. operations to list in Canada.

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