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Two months ago, Tilray Inc. was a little-known Canadian marijuana producer working to build its international footprint from the sleepy British Columbia town of Nanaimo.
Today, Tilray has become the king of pot. The stock has soared more than 10-fold since its initial public offering in July, dethroning Canopy Growth Corp. as the world’s largest marijuana company. It sports a market value of about $17 billion, even after a pullback on Thursday.
A global focus on medicinal marijuana, backing from billionaire investor Peter Thiel’s Founders Fund and a tiny float of traded shares on the Nasdaq have all contributed to
