After this morning’s landmark announcement that saw Justice Michael Phelan rule in favour of medical marijuana patients, government licensed producer stocks have taken a noticeable hit to their listings on the Toronto Stock Exchange.
As of this story, Canopy Growth Corporation prices dropped by 8.25 per cent, falling as low as $2.78 a share after starting the day as high as $3.35. Canopy includes Canadian cannabis manufacturing operations Bedrocan and Tweed.
Mettrum Health Corp suffered a smaller drop of 1.16 per cent, falling as low as $1.60, but only from a high of $1.88 a share.
Aphria Inc. reported drops of 8.53 per cent, from a high of $1.43, OrganiGram Holdings Inc tumbled 8.64 per cent to a low of $0.74 a share and Aurora Cannabis Inc is down 6.25 per cent.