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 US$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.
Read the full article at CTV News
