Shares in two of Canada's three largest cannabis companies were halted on the Toronto Stock Exchange on Thursday. The Investment Industry Regulatory Organization of Canada halted trading in shares of MedReleaf Corp. and Aurora Cannabis Inc. on Thursday, "pending news." Prior to the halt, trading in MedReleaf shares had spiked above their normal level, after the Globe and Mail first reported that MedReleaf had been seeking a buyer. "The company does confirm that it engages in discussions with industry participants from time to time, including MedReleaf," the company said. Prior to the halt, Aurora was the second most valuable cannabis company in Canada, and MedReleaf was the third.

Source: CBC News May 03, 2018 16:48 UTC