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Canadian pot stocks climb on reports that U.S. may ease cannabis restrictions

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TORONTO — Embattled Canadian cannabis stocks have been climbing on the hope that the U.S. may ease restrictions on the substance. The Associated Press reported that the U.S. health department has recommended marijuana be moved from a schedule one to a schedule three controlled substance. U.S. Senate leaders hailed the recommendation Wednesday as a first step toward easing federal restrictions on cannabis. Shares in Canopy Growth Corp. were up almost 36 per cent around noon Thursday, after climbi

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Here are three companies whose revenues and profits are on a stable growth trajectory, but market momentum is pulling their stock price down. The post 3 Growth Stocks to Buy Every Time They Go on Sale appeared first on The Motley Fool Canada.

 

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Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,330.32, up 39.91 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up five cents, or 9.09 per cent, to 60 cents on 10.
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