STOCKHOLM—A Swedish January is dark, cold and snowy, but in Stockholm cannabis stocks were lighting up the screens of investors. “Out of nowhere, the interest for Canadian cannabis shares has completely exploded in Sweden,” said Joakim Bornold, a savings adviser at online broker bank Nordnet AB. Two Canadian cannabis companies, Aurora Cannabis Inc. and Canopy Growth Corp., were among the top 10 most traded shares on Nordnet in January, he said. That list usually consists of companies such as Investor AB, Hennes & Mauritz AB, Nordea Bank AB and Ericsson AB. They are not alone in betting on cannabis companies as more and more countries legalize it for medicinal and recreational purposes.

Source: thestar February 05, 2018 18:56 UTC