Wednesday , November 25 2020

Cannabis shares acquired TSX in 2018. This chart shows it



If the cannabis stocks were a curiosity in 2017, they entered the mainstream in 2018.

To prove, look at daily trading activity on the Toronto Stock Exchange.

In volume, a cannabis stock was the most traded TSX listed equity on the stock exchange in 144 out of 251 sessions in 2018 or 57 percent of trading days. Aurora Cannabis Inc. was the clear standout that accounts for all but 11 of those sessions. In US dollars, cannabis stocks were at the top of 94 sessions, with Canopy Growth Corp. accounting for 56 of them.

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The activity was particularly hot in the weeks before Canada legalized marijuana for recreational use in mid-October. But since then, the potty stocks have proven to have power. In December, either Aurora Cannabis or Aphria Inc. the most traded TSX listed equity on volume exchanges in 11 out of 19 sessions.

Rides high on the charts

Each green square shows when a cannabis stock

was the most traded TSX listed equity on

Toronto Stock Exchange, by volume and session,

in 2018.

Note: Aphria Inc.'s TSX ticker name changed in

November.

MATT LUNDY, GLOBE AND MAIL,

SOURCE: TMX GROUP

Rides high on the charts

Each green square shows when a cannabis stock

was the most traded TSX listed equity in Toronto

Stock exchange, volume and session, in 2018.

Note: Aphria Inc.'s TSX ticker name changed in November.

MATT LUNDY, GLOBE AND MAIL; SOURCE: TMX GROUP

Rides high on the charts

Each green square shows when a cannabis stock

was the most traded TSX listed equity in Toronto

Stock exchange, volume and session, in 2018.

Note: Aphria Inc.'s TSX ticker name changed in November.

MATT LUNDY, GLOBE AND MAIL; SOURCE: TMX GROUP


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