Photograph by Shane Rounce

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One of the biggest banks in the world is bulking up on its bets on marijuana stock.

Barclays disclosed last month that it initiated a position in Tilray (ticker: TLRY), the Canadian marijuana company, in the third quarter. It owned 26,319 shares of Tilray stock as of Sept. 30, according to a filing Barclays made with the Securities and Exchange Commission. The company went public in July; Tilray stock is listed both in Canada and the U.S.