Pot stocks soar following Justin Trudeau, Liberal win
Pot plants aren’t the only thing thriving under Bruce Linton’s watchful gaze.
The CEO of Canopy Growth Corp. — the Smiths Falls-based enterprise formerly known as Tweed, North America’s first federally approved and publicly listed medical marijuana facility — is watching his company’s stock skyrocket.
That the markets reacted so dramatically on the morning after Canadians elected a Liberal majority government, with leader Justin Trudeau campaigning on a promise to reform the country’s pot laws, is no coincidence.
“We’re excited about where we’re sitting, because we are the biggest production platform in Canada, and probably in the world for legally available (marijuana),” said Linton, who operates three licensed growing facilities in Smiths Falls, Toronto and the Niagara region, an operation featuring 7 acres of growing space.
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