New Listings In June
Akerna
When it comes to a fairly new industry, then an initial public offering is always great news and the significant news of the month is related to the new listing of Akerna (KERN) on NASDAQ. The company was previously known as MJFreeway. The stock was listed on June 18 and it closed the opening day at $14.85. However, over the next two days, the volumes increased significantly and the stock rose to as much as $49.80. A day later, the stock climbed by as much as 50% to hit $73 and became one of the major success marijuana IPO listings of the year.
Harborside
Another company that started had an important listing was the Canadian cannabis company Harborside which listed on Canadian Securities Exchange. It is important to note that the company had already been listed in the United States. On the listing day, the company’s shares closed at $5.15 each.