The Smiths Falls, Ont.-based pot giant said on Tuesday that its common stock will begin trading on the Nasdaq under the same “CGC” ticker when the markets open on Nov. 16, 2020. Canopy shares will continue to trade on the Toronto Stock Exchange.
Chief executive officer David Klein said in a news release that the transition will allow “greater cost-effectiveness and access to a suite of tools and services that will help us connect more efficiently with our current and future investors.”
Canopy said its last day of trading on the NYSE is expected to be Nov. 13, 2020.
Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.