Medical cannabis maker Cantourage surges in Frankfurt debut

Medical cannabis maker Cantourage soared in its debut in Frankfurt on Friday.

With the ticker symbol “HIGH,” shares of the Berlin-based company
HIGH,
+136.11%

rose as high as €19.70 after the IPO was priced at €6.48 per share.

Cantourage distributes products across Europe and the U.K. and maintains 38 partnerships with suppliers from 17 countries.

Germany last month passed a law to allow recreational cannabis purchases.

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