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Cannabis producer canopy growth is being removed from the S & P / Toronto Stock Exchange 60 index

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The Royal Bank of Canada's e-commerce index includes some of Canada's largest e-commerce companies, Royal Bank of Canada's e-commerce companies. Any company in the index needs to maintain a minimum capitalization weight of at least 0.04% of the index. Canopy shares have fallen nearly 90% since being included in the index in April 2019. Canadian real estate and insurance company intact Financial Corp. will replace canopy in the S & P / TSX 60 index. "I can't think of a better way to celebrate our 5th anniversary as a listed company than joining the Toronto Stock Exchange's large cap index for the first time on the gem of the Toronto Stock Exchange on April 4, 2014," said Bruce Linton, then CEO.


Source: cannabisbusinesstimes com