Canopy Soars to Eight-Month High as Stock Jumps to TSX
- Marijuana grower is first on a major North American exchange
- Canopy graduates to senior TSX market from junior Venture
Canopy Soars to 5-Month High as Weed Stock Jumps to TSX
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Marijuana grower Canopy Growth Corp. surged to the highest in eight months after becoming the first weed producer in North America to graduate to a major exchange.
Shares of Smiths Falls, Ontario-based Canopy, which will take its place on the Toronto Stock Exchange starting Tuesday, jumped 14 percent to C$3.24 at 4 p.m. in Toronto trading, the highest close since November. The stock is up 9.1 percent this year, on track for a third annual advance.