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Canada: Conservatives hammer Liberals on marijuana stock surge

Submitted by Marijuana News on Thu, 12/01/2016 - 09:10

Conservative MPs pressed the government hard Wednesday on a spike in trading in marijuana company stocks two weeks ago, alleging the Liberals may have leaked an upcoming report into legal weed.

On Nov. 16, the TSX halted trading on six different medical marijuana companies over the course of the day -- some of them several times. The halts were automatically triggered by wild swings in prices.

Conservative MP Alex Nuttall says those trading surges make him suspect somebody leaked a report by a federal task force studying how to legalize recreational pot use.

 

Nuttall has provided no proof of a leak or any wrongdoing. But the Ontario MP sent a letter to Justice Minister Jody Wilson-Raybould earlier this week to demand she investigate.

On Wednesday, Nuttall singled out one of the companies, as well as its founder.

"Stock trading on the TSX was halted for Canopy Growth...

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