The marijuana industry's first unicorn is being added to an influential stock index (TSE:, WEED)
Blair Gable/Reuters
Canopy Growth, a marijuana-growing company based in Ontario, is being added to the S&P/TSX composite index, The Globe and Mail reports.
The company will be added to the index's healthcare sector and start trading on March 20. Shares were down 0.72%, at 11.05 Canadian dollars, on Tuesday afternoon.
Large institutional investors use the S&P/TSX composite index, so it may lead to more demand for the stock and a boost for Canada's marijuana industry, according to The Globe and Mail. Читать дальше...