U.S. cannabis retailer Curaleaf Holdings Inc opened lower in its trading debut in Toronto on Monday after amassing $400 million in the biggest equity raising in Canada's marijuana industry. Curaleaf opened at $8.70 Cdn on the Canadian Securities Exchange (CSE), lower than the offer price of $11.45 Cdn. That compared with a 3.8 per cent fall in the Horizons Marijuana Life Sciences Index ETF. "We've also seen a rough couple of weeks for the cannabis space as a whole." With the company focused on the United States, it will likely open stores in Ohio and Illinois next, Jordan said.

Source: CBC News October 29, 2018 16:52 UTC