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The lucky winner of the POT stock symbol is ...

Who knows? POT ticker gets awarded, but TMX Group won’t reveal the name or industry
dollar sign on cannabis
TMX Group said a currently listed company was selected but wouldn’t reveal the name of the company

The stock symbol POT is no longer up for grabs -- but the mystery about which company has nabbed the coveted identifier continues.

The POT ticker was allocated to a publicly listed company in a random lottery held Wednesday, but Canada's largest stock exchange operator is not revealing the winner.

According to the TMX Group, roughly 40 eligible ballots were submitted to participating exchanges, including the Toronto Stock Exchange, the TSX Venture Exchange, the Canadian Securities Exchange and the Aequitas NEO Exchange.

READ: Crop Infrastructure makes two key hires to advance its genetics program

TMX Group said a currently listed company was selected but wouldn’t reveal the name of the company.

“The company will be notified by their exchange, it is up to the company to make an announcement,” said Catherine Kee, a spokeswoman for TMX, which operates the Toronto Stock Exchange and the TSX Venture Exchange.

POT ticker was floating around

The Canadian stock ticker symbol POT was previously the symbol for the Potash Corp. of Saskatchewan, which merged with privately held Agrium last year. 

Although the ticker can be used as early as Friday, the winning issuer will have up to 90 days following the lottery to change its symbol to POT, according to Kee. 

The winner isn't allowed to transfer the rights to the symbol to anyone else.

Other cannabis companies have catchy stock tickers as well, including Weekend Unlimited Inc (CSE:YOLO), 1933 Industries Inc (CSE:TGIF) and Crop Infrastructure (CSE:CROP). 

 

Contact Katie Lewis at [email protected]
Follow her on Twitter: @kelewis

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