Article content

Trading of a handful of Canada’s biggest marijuana stocks was briefly halted on Friday after the share prices of the companies dropped sharply.

Aphria Inc., Aurora Cannabis Inc. and Canopy Growth Corp., three of Canada’s largest licensed producers of medical marijuana, saw trading of their shares temporarily frozen just after noon.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Big marijuana stocks temporarily halted after sudden drop in share prices Back to video

According to the Investment Industry Regulatory Organization of Canada, the reason for the halt was because the stocks had tripped circuit breakers put in place for sudden price swings.

As one example of the sudden drop in prices, shares of Canopy went from trading at $32.37 apiece at 12:08 p.m. ET to $28.28 at 12:18 p.m. ET, a 12.6 per cent drop. Trading in Canopy was halted at 12:18 p.m. ET and resumed at 12:23 p.m. ET.