US firm building `Cannabis Superhighway’ plans Canada listingPosted by On

FILE – In this Sept. 25, 2018 file photo, marijuana plants grow in a tomato greenhouse being renovated to grow pot in Delta, British Columbia. The legal marijuana industry exploded in 2018, pushing its way further into the cultural and financial mainstream in the U.S. and beyond. (AP Photo/Ted S. Warren, File)

MJIC, a pot distributor building a “cannabis superhighway” in California, is planning a Canadian listing by the end of February.

The company, based in Commerce, near Los Angeles, plans to sell shares on the Canadian Securities Exchange via a reverse takeover, chief executive Sturges Karban said in a phone interview. MJIC has hired Haywood Securities Inc. to identify a Canadian shell company to enable the deal.

“Our timeline to get through to that…

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