Canada marijuana grower Bedrocan set to go public Monday: sources

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Canada marijuana grower Bedrocan set to go public Monday: sources

By John Tilak TORONTO (Reuters) - Canadian medical marijuana producer Bedrocan Cannabis Corp is set to go public on Monday, offering investors an alternative to Tweed Marijuana Inc in the nascent market, according to two sources familiar with the company's plans. The company has received an approval to list, under the ticker symbol “BED”, on the Toronto Venture Exchange and will do so in a reverse takeover, the sources said. A spokesman for Bedrocan said the offering was planned for the coming weeks. Unlike the United States, where medical marijuana is illegal on a national scale, Canada is one of the few countries with a federally-regulated program.

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