TORONTO — Shares in Canada's major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational cannabis in several states fail. Shares of Canopy Growth Corp. were down $1.61 or about 21 per cent at $6.
TORONTO — Shares in Canada's major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational cannabis in several states fail.
Shares of Canopy Growth Corp. were down $1.61 or about 21 per cent at $6.16 in early trading on the Toronto Stock Exchange, while shares of Organigram Holdings Inc. fell 28 cents or about 11 per cent to $2.28.A Florida amendment fell short of the 60 per cent supermajority needed to approve constitutional amendments.
It would have allowed recreational sales of marijuana to people over 21 from existing medical marijuana dispensaries, with the potential for the legislature to license additional retailers.— With files from The Associated PressThe Canadian Press
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