ENRT: Marijuana Stock Enertopia Gets High on Pot Production News

Medical marijuana can now be sold in Burlington, Ontario

   

Marijuana stock Enertopia (ENRT) boomed Monday morning thanks to the approval of medical marijuana in Burlington, Ontario.

medical marijuana 185 ENRT: Marijuana Stock Enertopia Gets High on Pot Production News
Source: ©iStock.com/CapturedNuance

The company announced that the city of Burlington has legalized the cultivation, production and sale of medical marijuana in zoned locations. Toronto had already legalized the sale of medical marijuana but Burlington had yet to open a facility until now.

“It needs to be mentioned that there was no negative feedback during the public hearing process, a true testament to growing acceptance of Medical Marihuana being used as a medicine for people in pain or other chronic conditions,” said Robert McAllister, CEO of Enertopia Corp.

ENRT stock is up close to 30% Monday afternoon.

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