The Toronto Stock Exchange's S&P/TSX composite index ended the day down 15.48 points, or 0.07%, at 21,637.54. Cannabis producers Cronos Group and Tilray led declines, falling more than 12% after Barclays initiated coverage of both with "underperform" ratings. Other cannabis producers including Aurora Cannabis, Organigram Holdings and Canopy Growth also slid after a Washington Post report that a U.S. federal legalization attempt could fail https://www.washingtonpost.com/politics/marijuana-democrats-legalize/2021/11/17/61dd37b4-47b3-11ec-95dc-5f2a96e00fa3_story.html as lawmakers disagree on its details. "Gold is down today on some profit-taking," following recent gains as investors sought to hedge against soaring inflation, Taylor added. The materials subindex, which includes precious and base metals, miners and fertilizer companies, lost 0.9% as spot gold prices fell 0.4%.

Source: Washington Post November 18, 2021 21:43 UTC