Canadian pot shares fall after efforts to legalize recreational cannabis in U.S. fall short [Globe and Mail, The (Toronto, Canada)]
Canopy Growth Corporation - Common Shares (CGC)
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Source: Globe and Mail, The
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. Aurora Cannabis Inc. shares were down $1.52 or about 18 per cent at $6.94. 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. Measures to legalize recreational marijuana were also trailing in North Dakota and South Dakota. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor news
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News
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- STORZ & BICKEL Crowned Gold Medalists at 2024 MarCom AwardsPR Newswire
- Medical Cannabis Market Expected To Reach USD 91065.89 Million by 2032, with a CAGR of 24.02% | Introspective Market Research [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 11/8/24 - Miss
CGC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/17/24 - Form 8-K
- CGC's page on the SEC website