The chief executive of cannabis company Weekend Unlimited Inc. says winning the POT stock ticker lottery was a "wonderful surprise" for the small company which is hoping the catchy symbol will help it stand out in the sector. The lottery was held by the Toronto Stock Exchange, TSX Venture Exchange, along with the Canadian Securities Exchange and the Aequitas NEO Exchange, due to "significant demand" for the catchy stock symbol. "There has been tremendous excitement generated globally for the POT symbol," Chu said in a written statement shared by the company Friday. "The POT lottery served to raise the profile of Canada's leadership in legal recreational cannabis and we believe it will also serve to raise Weekend Unlimited's leadership profile." However, the phrase may resonate more with younger generations and doesn't have the broad appeal of POT, Chu said.

Source: CBC News February 01, 2019 16:24 UTC