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.
More Marijuana News:
- Recreational Marijuana Is Now Legal in Washington
- Medical Marijuana States 2014: The ‘Where it’s Legal’ List
- Study: Effects of Smoking Marijuana Include Brain Changes
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