High demand for the “POT” stock symbol has prompted several Canadian stock exchanges to conduct a collective lottery to select which company will be able to use the eye-catching ticker.
After “significant interest,” the Canadian Securities Exchange says it along with the Toronto Stock Exchange, TSX Venture Exchange and Aequitas NEO Exchange will assign the symbol on Jan. 30 by random lottery.
The symbol became available after fertilizer Potash Corp. officially merged with Agrium Inc. in early 2018 to become Nutrien Ltd., which now trades under NTR.
(Sponsored)
In a tough economy, investing in community is more important than ever
When finances are tight, it might seem counterintuitive to give back, but supporting our most vulnerable neighbours this holiday season can actually help businesses weather their own challenges. At United
Giving Guide 2025: Ottawa Regional Cancer Foundation
As Ottawa’s only Community Cancer Hub, we are delivering Supportive Cancer Care through dynamic collaborations with over 70 diverse community partners.
The TMX Group, which operates the TSX and TSX Venture, and the CSE say the POT ticker will become available for reservation and usage as of Feb. 1, 2019.
The POT ticker would likely be an attractive symbol for a publicly-listed cannabis company, but the exchanges did not say in their press releases which firms expressed interest.
The exchanges say eligible participants who want to enter the POT lottery must notify the exchange where they are currently listed, or want to be listed, by 5 p.m. on Jan. 29.
