$FGH IPO Franchise Global Health ($FGH.V) had its IPO a couple of hours ago on the TSXV. $FGH's CEO, Clifford Starke, celebrated by opening the market today.
If you hadn't heard of this company before its IPO, $FGH is a multinational cannabis company that is currently focusing on the German/European market.
The company has a cannabis cultivation facility in Ontario that provides cannabis to Germany, has the first Cannabis import & distribution license in Germany, and is connected with a network of 1.2k pharmacies there.
The North American cannabis sector is arguably stagnant, however, $FGH expects the European cannabis market is poised for hypergrowth. This market seems even more lucrative when you consider that Europe has a wealthy populace that is larger than Canada and the US combined and that medical cannabis sells for about twice as much in Europe as it does in North America.
More on IPO here: https://ca.finance.yahoo.com/news/franchise-global-health-inc-announces-120000067.html