Motley Fool to lead IPO of JetFlyHigh on ASX

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SYDNEY: In exciting news for The Motley Fool, the company is today announcing that it will be lead advisor for the IPO of JetFlyHigh (ASX: IFLY) as the Fool’s first foray into a brave new investing world.

JetFlyHigh is the culmination of a long-held dream — combining recreational cannabis use and personal flying machines — and comes hot on the heels of two recent IPOs — Australia’s first listing of a medical marijuana company and the ASX debut of a personal jetpack business.

Speaking to the media just before the the IPO’s launch, JetFlyHigh’s CEO, Mary Jane Sinsemilla, said the market seemed ready for this float and that she had high hopes for the listing.

“Our company is set to smoke its competition, and we see the launch as a wonderful opportunity for new investors to get in before take-off, given the strong pipeline of new opportunities. To be blunt, sales will...

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