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3 Dec 2020 8:29
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  •   Home > News > Law and Order

    Shares in two NZX-listed medicinal cannabis companies have taken a hit, in the wake of the cannabis referendum result

    Shares in two NZX-listed medicinal cannabis companies have taken a hit, in the wake of the cannabis referendum result


    Cannasouth shares dropped 17 per cent, while Rua Bioscience by three per cent.

    Director of Equities at Forsyth Barr, Rob Mercer, says it's unsettling for shareholders who've backed the companies for the right reasons.

    But he says we've seen in the past the market will settle down, and investors will see some kind of recovery.

    © 2020 Newstalk ZB, NZCity


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     02 Dec: A woman who let her elderly mother starve to death has been declined parole at her first hearing
     02 Dec: Police are considering laying charges against a man for reportedly shooting a police dog yesterday in Tangowahine, north of Dargaville
     02 Dec: Coronavirus has made South Korea's infamous university admissions exam even more terrifying for students
     Top Stories

    RUGBY RUGBY
    Liam Squire looms as a contender for the All Blacks troublesome number six jersey next year More...


    BUSINESS BUSINESS
    Plans to push the popularity of our national fruit More...



     Today's News

    Rugby:
    Liam Squire looms as a contender for the All Blacks troublesome number six jersey next year 8:17

    Education:
    The electoral college is a strange quirk of US politics. Even people serving as electors question the system 8:17

    Soccer:
    Manchester United manager Ole Gunnar Solskjaer is eyeing up a pressure-easing early Christmas present 8:17

    Rugby:
    The Blues have secured one of Mitre10 Cup's impressive talents to their 2021 roster 8:07

    Business:
    Plans to push the popularity of our national fruit 7:57

    Business:
    The Government wants five percent of public sector contracts to go to Maori businesses 7:57

    Cricket:
    How have the New Zealand batsmen coped with the prospect of facing 2.01 metre West Indian captain Jason Holder on an emerald green pitch today in the opening cricket test at Hamilton? 7:47

    Accident and Emergency:
    Two highways have been closed, due to spills caused by truck crashes 7:37

    Business:
    The Government's being urged to soothe trading uncertainty 7:17

    Health & Safety:
    The son of seven-time world champion Michael Schumacher has been handed a Formula 1 drive next year 6:27


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