Israel Is Starving Gaza Civilians as 'Method of Warfare': Human Rights Watch

"It's critical to understand this is not simply a byproduct of the conflict, an unfortunate result of a terrible situation," said one campaigner. "It is Israeli government policy."

A view of empty shelves are seen at a supermarket amidst Israel's bombardments as Palestinians have trouble finding necessary food in Khan Yunis, Gaza on November 11, 2023.
(Photo: Mustafa Hassona/Anadolu via Getty Images)

JULIA CONLEY
Dec 18, 2023

From bombing food production hubs and systematically razing crop fields to halting aid deliveries, Israel is waging a multi-pronged effort to starve the people of Gaza amid the Israel Defense Forces' bombardment of the enclave, Human Rights Watch said in a report Monday—with evidence drawn from the Israeli government's own statements as well as survivors' accounts.

The group demanded that countries such as the United States, United Kingdom, Canada, and others that have provided Israel with military aid and other support since the country began its latest escalation against Gaza in October speak out against the use of starvation as a weapon of warfare—a war crime under the Rome Statute of the International Criminal Court.

"For over two months, Israel has been depriving Gaza's population of food and water, a policy spurred on or endorsed by high-ranking Israeli officials and reflecting an intent to starve civilians as a method of warfare," said Omar Shakir, Israel and Palestine director at Human Rights Watch (HRW). "World leaders should be speaking out against this abhorrent war crime, which has devastating effects on Gaza's population."



HRW pointed to satellite imagery it has collected in northern Gaza since the IDF began its air and ground assault in retaliation for an attack by Hamas on southern Israel on October 7.

The images have shown orchards, greenhouses, and farmland that have been razed over the last two months, "apparently by Israeli forces, compounding concerns of dire food insecurity."

Only sand and dirt have been left behind where farmers in northeastern Gaza grew citrus, potatoes, dragon fruit, and prickly pear since Israeli forces took control of the area in mid-November and "systematically razed" the fields, said the group.

Palestinians in Gaza, home to about 2.3 million people, have lost the ability to grow their own food as Israel has refused to allow food, water, and fuel deliveries into the enclave, leaving bakeries and grocery store shelves empty.

Before the Israeli bombardment began, about 500 aid trucks filled with food and other goods entered Gaza on a daily basis to provide sustenance amid Israel's unlawful occupation and its land, air, and sea blockade that began 16 years ago. Israel has allowed only 100 aid trucks to cross through Egypt's Rafah crossing since October 7. The U.N. humanitarian coordinator for the Occupied Palestinian Territory, Lynn Hastings, said earlier this month that fuel deliveries—needed for farming, cooking, water desalination, healthcare operations, and other necessities—have been "utterly insufficient."

Prior to the current escalation, about half of Gaza's population was facing acute food insecurity and 80% were reliant on humanitarian aid.

The World Food Program (WFP) at the U.N. said earlier this month that 9 in 10 households in northern Gaza and 2 in 3 homes in the south had been without food for at least one full day and night since Israel's assault. It also warned that 38% of families who had been displaced from their homes in northern Gaza were experiencing "severe levels of hunger" and that the enclave faces a "high risk of famine."

"It's critical to understand this is not simply a byproduct of the conflict, an unfortunate result of a terrible situation. It is Israeli government policy," said Andrew Stroehlein, European media and editorial director for HRW.

In addition to the halting of aid and the destruction of Gaza's agricultural sector, the last operational wheat mill was bombed on November 15 ensureing "that locally produced flour will be unavailable in Gaza for the foreseeable future," said HRW.

The group interviewed 11 civilians who described their struggles with finding sufficient food in recent weeks.


A man identified as Taher said that after his family fled south to Gaza City in November, they resorted to eating "just once a day to survive."


"The city was out of everything, of food and water," he told HRW. "If you find canned food, the prices were so high... We were running out of money. We decided to just have the necessities, to have less of everything."

Majed, who left his home in the north after his house was bombed, killing his six-year-old son, said he, his wife, and their four surviving children had no way of making bread for more than a month when they temporarily stayed in Gaza City.


"In those 33 days we didn't have bread because there was no flour," he said. "There was no water—we were buying water, sometimes for $10 a cup. It wasn't always drinkable. Sometimes, [the water we drank] was from the bathroom and sometimes from the sea. The markets around the area were empty. There wasn't even canned food."

HRW noted that the Israeli government itself has made numerous statements in recent weeks pointing to the deliberate destruction of Gaza's food access and the starvation of civilians.

Defense Minister Yoav Gallant infamously called Palestinians in Gaza "human animals" when he announced the "complete siege" and cutting off of aid into the enclave on October 9.

"No electricity, no food, no water, no fuel—everything is closed," Gallant said.

Col. Yogev Bar-Shesht, deputy head of the Civil Administration, said in an interview that eliminating Palestinians' ability to grow food is a deliberate tactic.

"Whoever returns here, if they return here after, will find scorched earth," he said. "No houses, no agriculture, no nothing. They have no future."

HRW's report came as the death toll in Gaza hit at least 19,453, with more than 50,800 injured and thousands believed to be buried underneath rubble.

Article 54(1) of the First Additional Protocol to the Geneva Conventions and Article 14 of the Second Additional Protocol both prohibit starvation of civilians as a method of warfare.

"Although Israel is not a party to Protocols I or II, the prohibition is recognized as reflective of customary international humanitarian law in both international and noninternational armed conflicts," said HRW.

The worsening humanitarian catastrophe, and Israel's refusal to operate within the bounds of international law, "calls for an urgent and effective response from the international community," said Shakir.


"The Israeli government is compounding its collective punishment of Palestinian civilians and the blocking of humanitarian aid," he said, "by its cruel use of starvation as a weapon of war."

Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

JULIA CONLEY is a staff writer for Common Dreams.

Auschwitz Museum Decries Israeli Mayor's 'Sick' Call to 'Empty' Gaza

"We do hope that Israeli authorities will react to such shameful abuse, as terrorism can never be a response to terrorism."


An infamous sign reading "Work Sets You Free" stands at the gate to the Auschwitz-Birkenau concentration camp in Poland.
(Photo: John Karwoski/flickr/cc)

BRETT WILKINS
Dec 18, 2023

The Auschwitz-Birkenau State Museum in Poland on Sunday decried what critics called genocidal remarks by the mayor of an Israeli town who said all of Gaza should be ethnically cleansed of Palestinians and turned into a museum like the notorious Nazi death camp.

"The whole Gaza Strip needs to be empty. Flattened. Just like in Auschwitz," Metula Mayor David Azoulai said in a radio interview on Sunday, according toThe Times of Israel. "Let it be a museum for all the world to see what Israel can do. Let no one reside in the Gaza Strip for all the world to see, because October 7 was in a way a second Holocaust."

In response, the Auschwitz-Birkenau State Museum in Oświęcim, southern Poland wrote on social media that "David Azoulai appears to wish to use the symbol of the largest cemetery in the world as some sort of a sick, hateful, pseudo-artistic, symbolic expression."

"Calling for acts that seem to transgress any civil, wartime, moral, and human laws, that may sound as a call for murder of the scale akin to Auschwitz, puts the whole honest world face-to-face with a madness that must be confronted and firmly rejected," the museum added. "We do hope that Israeli authorities will react to such shameful abuse, as terrorism can never be a response to terrorism."



Last month, the museum posted a statement from the International Auschwitz Council—whose members include Auschwitz-Birkenau State Museum director Piotr Cywiński—supporting Israel's war on Gaza, which according to Palestinian and United Nations officials has now killed, maimed, or left missing more than 70,000 people, mostly women and children.

Numerous Israeli political and military leaders—as well as journalists, pundits, celebrities, and others—have made statements that critics have called incitement to or supportive of genocide in response to the Hamas-led attacks that killed more than 1,100 Israelis and others on October 7.

In a televised October speech, far-right Israeli Prime Minister Benjamin Netanyahu invoked Amalek, the ancient biblical enemy of the Israelites whom God commanded the Jews to exterminate. Israeli President Isaac Herzog asserted that there are no innocent civilians in Gaza, while Defense Minister Yoav Gallant vowed to "eliminate everything" there.

Last month, Israeli Agriculture Minister Avi Dichter declared that "we are now rolling out the Great Nakba," a reference to the ethnic cleansing, sometimes by massacre and death march, of over 750,000 Arabs from Palestine during the establishment of the modern state of Israel 75 years ago.

Members of the Knesset, Israel's parliament, have called for Gaza to be "wiped off the map," bombed with nuclear weapons, and burned to the ground.

Numerous U.S. politicians, including Republican presidential candidate and former United Nations Ambassador Nikki Haley, have echoed Israeli calls for genocidal violence against Palestinians.

Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

BRETT WILKINS is a staff writer for Common Dreams.

Israeli Bombing Took 12-Year-Old's Leg, Her Family, and Finally Her Life

"Dunia's story is the distillation of the Palestinian child's experience in Gaza," said one campaigner. "Displaced, bombed, orphaned, maimed, and finally killed by the Israeli military."


Dunia Abu Mohsen, a 12-year-old girl, was killed by an Israeli tank-fired shell that hit al-Nasser Hospital in Khan Younis, Gaza on December 17, 2023.
(Photo: Defense for Children International - Palestine)

JESSICA CORBETT
Dec 18, 2023

Among the more than 19,450 people killed in Israel's war on the Gaza Strip this year is Dunia Abu Mohsen, a 12-year-old who previously lost a leg in an Israeli airstrike and shared the experience in an interview published Monday.

Abu Mohsen was killed on Sunday by an Israeli tank-fired shell that hit al-Nasser Hospital in Khan Younis, according to Defense for Children International - Palestine (DCIP), which spoke with the child on-camera last month.

She began the interview—filmed on November 25, during a seven-day truce between Israeli forces and Hamas, the Palestinian group that controls Gaza—by recalling the attack that took not only her leg but also the lives of her parents, a brother, and a sister.

The girl spoke of her dreams for the future: "I want someone to take me abroad, to any country, to install a prosthetic leg, to be able to walk like other people. So that I can move and go out and play with my siblings."

"I want to become a doctor, like those who treat us, so that I can treat other children," she added. "I only want one thing: for the war to end."

The war—launched after a Hamas-led attack on Israel that killed over 1,100 people on October 7—continues, extending decades of Palestinian suffering at the hands of Israeli forces and the country's right-wing government.

"Dunia's story is the distillation of the Palestinian child's experience in Gaza," DCIP's Miranda Cleland said on social media Monday. "Displaced, bombed, orphaned, maimed, and finally killed by the Israeli military."

DCIP released a year-in-review report on Friday. It begins: "This year has no comparison in the history of Israeli forces' efforts to exert total control over the Palestinian people and violate children's rights. Throughout the occupied Palestinian territory, including the Gaza Strip and the West Bank, including East Jerusalem, Israeli forces killed Palestinian children at an unfathomable, unprecedented rate."

Since the war began over two months ago, Israeli forces have killed over 7,870 Palestinian children in Gaza, according to local officials. Thousands more remain missing under the rubble.

Want to Understand Israel-Palestine? Consume Noam Chomsky, Not Corporate Media

Over the decades and with few exceptions, in major U.S. media—notably unlike major media in most of the rest of the world—Chomsky has been persona non grata.


Linguist and political activist Noam Chomsky (R), is pictured during a press conference after visiting former President Luiz Inacio Lula da Silva, arrested for corruption in the Federal Police Superintendence in Curitiba, Brazil on September 20, 2018.

(Photo by Heuler Andrey/AFP via Getty Images)

NORMAN SOLOMON
Dec 12, 2023

Common Dreams


One of the rare times that Noam Chomsky’s name has been mentioned on a big national NPR program came two months ago. On “Weekend Edition” in mid-October, a week into Israel’s murderous assault on civilians in Gaza, a correspondent reported while visiting a bookstore owned by a Palestinian in Jerusalem: “I’m seeing a lot of books by Noam Chomsky.”

Across the globe, people suffering from illegitimate power and violence have a lot of books by Noam Chomsky. A recent interviewer aptly introduced him this way: “One of the world’s most-cited scholars and a public intellectual regarded by millions of people as a national and international treasure, Chomsky has published more than 150 books in linguistics, political and social thought, political economy, media studies, U.S foreign policy and world affairs.”

Ever since his meticulous writing and strong activism against the U.S. war on Southeast Asia in the 1960s and ’70s, Chomsky has been exposing Orwellian and often-deadly maneuvers by the most powerful government on Earth. Along the way, he has been tireless, humanistic, and uncompromising.

For many decades, the core of corporate greed and militarism has remained basically the same. So has the core of Chomsky’s message.

In 1982, while visiting Philadelphia, he appeared as a guest on “Fresh Air”—back then only a local program on WHYY Radio. Host Terry Gross asked: “Your radical thoughts in linguistics completely changed the field. Your radical thoughts in politics hasn’t completely changed America. Has it been interesting for you to watch how your contribution to politics and linguistics has or hasn’t affected things?”

For many decades, the core of corporate greed and militarism has remained basically the same. So has the core of Chomsky’s message.

“I see them very differently,” Chomsky replied. “For one thing, in my view, linguistics is -- well, it’s basically a branch of sciences, it’s hard intellectual work. Political analysis is not, quite frankly. I think it’s easily within the range of an ordinary person who doesn’t have any particular training and is simply willing to use common sense to pay attention to the available documentary record and to use a little diligence in searching beyond what’s on the surface.”

Chomsky continued: “There’s an elaborate pretense that this is an area that must be left to experts. But that’s simply one way of protecting power from scrutiny. So, my own interest in political analysis and writing and so on is simply to bring information to people who I think can use it for the purposes of changing the world.”

His anti-elitism has endured, and so has enmity from some elites. One response is to block access to mainstream media. “Fresh Air” is a case in point. A search of the program’s full archive shows that after it went national on NPR in the mid-1980s, “Fresh Air” never interviewed Chomsky again. The program’s local interview with him back in 1982 was the first and last.

With few exceptions, in major U.S. media—notably unlike major media in most of the rest of the world—Chomsky has been persona non grata.

A key reason is Chomsky’s implacable opposition to the many wars of aggression that the U.S. government has launched or supported. And a particularly unacceptable deviation from approved views has been his illuminating condemnations of Israel’s historic and ongoing suppression of Palestinian rights. For several decades, as a result, vast quantities of hostility and distortion have been directed at him.

Here's a sample: In the mid-1990s, the longtime host of NPR’s “All Things Considered” program, Robert Siegel—operating within a lofty “public radio” bubble—wrote a letter to the industry newspaper Current declaring that Chomsky “evidently enjoys a small, avid, and largely academic audience who seem to be persuaded that the tangible world of politics is all the result of delusion, false consciousness, and media manipulation.”

Chomsky, who turned 95 last week, has been spotlighting the inherent and expansively violent cruelties of Zionism for a very long time. His landmark 1983 book “Fateful Triangle: The United States, Israel and the Palestinians” dispelled many readers’ illusions about the goals and consequences of U.S. support for Israel.

In 1986, journalist David Barsamian launched “Alternative Radio” -- a national one-hour program that got underway by bringing Chomsky’s voice to listeners around the United States and far beyond. In the nearly 40 years since then, the weekly show has aired several hundred speeches and interviews with Chomsky (whose website also overflows with a cornucopia of vital information and analysis).

“Solidarity is not some abstract concept for him,” Barsamian told me. “If you needed advice, a signature, a check, a fundraising talk, Noam would be there.”

Behind the scenes, working with Chomsky for so long while seeing him interact with a wide array of people, “what always impressed me was his kindness and decency,” Barsamian said. “Behind the mental acuity, stunning level of knowledge, and intellectual brilliance is a mild-mannered gentle man. Working with Noam over many years has been the most rewarding experience of my life.”

If you ever receive an email from David Barsamian, the bottom lines of it will be this quote from Noam Chomsky: “If you assume that there is no hope, you guarantee that there will be no hope. If you assume there is an instinct for freedom, that there are opportunities to change things, then there is a possibility that you can contribute to making a better world.”

Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.


NORMAN SOLOMON is the national director of RootsAction.org and executive director of the Institute for Public Accuracy. His new book, War Made Invisible: How America Hides the Human Toll of Its Military Machine, was published in June 2023 by The New Press.
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111 killed, 230 injured as 6.2 magnitude earthquake strikes China's Gansu

Chinese media reported that at least 111 people were killed and more than 230 injured after an earthquake hit the Gansu-Qinghai border region.

 (Representative photo)

Reuters
Beijing,

UPDATED: Dec 19, 2023 

Posted By: Chingkheinganbi Mayengbam


At least 111 people were killed and more than 230 injured after an earthquake hit the Gansu-Qinghai border region in China on Tuesday, according to reports by state media.

The European Mediterranean Seismological Centre had pegged the earthquake at magnitude 6.1. Chinese state media said the quake was registered at 6.2 magnitude.

The quake occurred at a depth of 35 km with its epicentre 102 km west-southwest of Gansu's provincial capital city, Lanzhou, EMSC said. Official reports have not stated whether there are any missing people in the quake's aftermath.

The official Xinhua news agency said the epicentre was 5 km from the border between the two northwestern provinces, reporting that strong tremors were felt in many parts of Qinghai province.

China's national commission for disaster prevention, reduction and relief and Ministry of Emergency Management have activated a level-IV disaster relief emergency, Xinhua reported.

As the disaster area is in a high-altitude region where the weather is cold, rescue efforts are working to prevent secondary disasters caused by factors beyond the quake, Xinhua said.

The temperature in Linxia, Gansu, near where the quake occurred, was about minus 14 degrees Celsius on Tuesday morning. Most of China is grappling with freezing temperatures as a cold wave that started last week continued to sweep through the country.

Some water, electricity, transportation, communications and other infrastructure have been damaged but officials provided no further details.

Rescue and relief work is under way and a working group was dispatched to assess the impact of the disaster and to provide guidance for local relief operations, state media said.

Preliminary analysis shows that the quake was a thrust-type rupture, one of three above magnitude 6 to have struck within 200km of the epicentre since 1900, state television CCTV said.

A total of nine aftershocks at magnitude 3.0 and above were recorded before dawn Tuesday, CCTV said.

UPDATED

Volcano erupts on Iceland's Reykjanes Peninsula weeks after evacuation

A volcano has erupted in Iceland about 1.8 miles from a town that was evacuated weeks ago in preparation for the event.

By AP via Scripps News
Posted: 7:25 p.m. EST Dec 18, 2023

A volcanic eruption started Monday night on Iceland's Reykjanes Peninsula, turning the sky orange and prompting the civil defense to be put on high alert.

The eruption appears to have occurred about 1.8 miles from the town of Grindavík, the Icelandic Meteorological Office said. Webcam video from the scene appears to show magma, or semi-molten rock, spewing along the ridge of a hill.

In November, police evacuated the town or Grindavik after strong seismic activity in the area damaged homes and raised fears of an imminent eruption.

A coast guard helicopter will attempt to confirm the exact location — and size — of the eruption.

Grindavik, a fishing town of 3,400, sits on the Reykjanes Peninsula, about 31 miles southwest of the capital, Reykjavik and not far from Keflavik Airport, Iceland's main facility for international flights. The nearby Blue Lagoon geothermal resort, one of Iceland's top tourist attractions, has been shut at least until the end of November because of the volcano danger.

Volcano erupts in Iceland weeks after thousands were evacuated from a town on Reykjanes Peninsula

By David Keyton The Associated Press
Monday, December 18, 2023

The night sky is illuminated caused by the eruption of a volcano on the Reykjanes peninsula of south-west Iceland seen from the capital city of Reykjavik, Monday Dec. 18, 2023.

 (AP Photo/Brynjar Gunnarsson)Brynjar Gunnarsson

STOCKHOLM (AP) — A volcanic eruption started Monday night on Iceland's Reykjanes Peninsula, turning the sky orange and prompting the country’s civil defense to be on high alert.

The eruption appears to have occurred about four kilometers (2.4 miles) from the town of Grindavik, the Icelandic Meteorological Office said. Grainy webcam video showed the moment of the eruption as a flash of light illuminating the sky at 22:17 local time. As the eruption spread, magma, or semi-molten rock, could be seen spewing along the ridge of a hill.

“The magma flow seems to be at least a hundred cubic meters per second, maybe more. So this would be considered a big eruption in this area at least,” Vidir Reynisson, head of Iceland’s Civil Protection and Emergency Management told the Icelandic public broadcaster, RUV.

In November, police evacuated the town or Grindavik after strong seismic activity in the area damaged homes and raised fears of an imminent eruption.

Iceland's Meteorological Office said in a statement early Tuesday that the latest measurements show “the magma is moving to the southwest and the eruption may continue in the direction of Grindavik.”

The size of the eruption and the speed of the lava flow is “many times more than in previous eruptions on the Reykjanes Peninsula in recent years,” the statement said.

Iceland sits above a volcanic hot spot in the North Atlantic and averages an eruption every four to five years. The most disruptive in recent times was the 2010 eruption of the Eyjafjallajokull volcano, which spewed huge clouds of ash into the atmosphere and grounded flights across Europe for days because of fears ash could damage airplane engines.

Scientists say a new eruption would likely produce lava but not an ash cloud.

Iceland’s foreign minister, Bjarne Benediktsson said on X, formerly known as Twitter, that there are “no disruptions to flights to and from Iceland and international flight corridors remain open.”

A coast guard helicopter will attempt to confirm the exact location — and size — of the eruption, and will also measure gas emissions.

Grindavik, a fishing town of 3,400, sits on the Reykjanes Peninsula, about 50 kilometers (31 miles) southwest of the capital, Reykjavik and not far from Keflavik Airport, Iceland’s main facility for international flights.

A map showing the hazard zones on Reykjanes Peninsula as of December 8, 2023, due to the ongoing threat of a volcanic eruption. The area shaded orange, where an eruption is thought to be most likely to occur, shows the path of the center of the magma dike, while the areas in yellow show the northern region of the dike, the town of Grindavik, and the area of crustal uplift under Svartsengi.ICELANDIC MET OFFICE

UPDATED: 

Eruption Has Begun At Sundhnúkagígar, 

Emergency/Distress Phase Announced

Published December 18, 2023

Words by

Catharine Fulton

Photo by

RÚV

An eruption began on the Reykjanes peninsula around 21:00, in the area between Sýlingarfell and Hagafell, just north of the town of Grindavík and east of the Blue Lagoon and Svartsengi Power Plant. The fissure is estimated to be over 3 km long along Sundhnúkagígar crater row.

The start of the eruption was captured on the live webcam of the national broadcaster RÚV:

The live stream can be viewed here:

The glow from the eruption is visible from central Reykjavík.

Worst possible location

The Department of Civil Protection and Emergency Management has declared an Emergency/Distress Phase in response to the start of the eruption.

Volcanologist TT previously told the Grapevine the location along Sundhnúkagígar was the worst possible place for an eruption to begin to the likelihood of infrastructure being affected should lave breach the surface there.

Kristín Jónsdóttir, a volcano specialist with the met office told the national broadcaster shortly after the eruption began that the rate of lava flow is 100 to 200 cubic metres per second, which is significantly larger than the eruptions at Fagradalsfjall in 2021, 2022 and July 2023.

Kristín said it was difficult to predict how long the eruption would last. However, she thought it likely that given its initial size, it would last a few months rather than weeks.

The crater row at Sundhnúkargígar was created by an eruption 2,350 years ago.

Stay away, keep your drones grounded

Reykjanesbraut, the road running along the northern edge of the Reykjanes peninsula toward the international airport in Keflavík is closed in part due to a traffic jam. The area is closed. You will not be able to access the volcano site. Stay home to allow the authorities to monitor the situation and maintain a safe perimeter.

The no-fly zone that was established over a large swath of the area over the Blue Lagoon and GRindavík remains in effect. Isavia has provided the following coordinates within which it is forbidden to fly drones:

635621N0222218W
635440N0221323W
634902N0223533W
634641N0222232W

Under Observation

The Icelandic Meteorological Office has been monitor the area closely since seismic activity increased in late October. The activity came to a head on Nov. 10, when the met office identified a magma intrusion that had spread approximately 15 km from Sundhnúkagígar and running southwest under Grindavík and out beneath the sea floor. The 3.700 residents were evacuated at that time, but have been permitted in recent weeks to return to town between business hours.

The popular Blue Lagoon tourist attraction just reopened to the public in Dec. 17 after more than a month-long closure due to the alert phase in effect in the region. The local police chief said earlier today that signs were pointing toward residents being permitted to return home to Grindavík as well.

Read that news from just hours before the eruption began.

The Blue Lagoon has closed for business once again.

 HIP CAPITALI$M

Shares of cannabis company Canopy Growth to be consolidated on a one-for-10 basis

The Canadian Press

CANOPY GROWTH CORP (WEED:CT)

0.66 0.03 (4.35%)

As of: 12/18/23 8:38:03 pm
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Canopy Growth Corp. says a consolidation of its shares on a one-for-10 basis is expected to become effective on Friday.

The post-consolidation shares are expected to start trading on the Toronto Stock Exchange and the Nasdaq at market open on Dec. 20, subject to final confirmation from the Toronto Stock Exchange and the Nasdaq.

The cannabis company says the consolidation was approved by shareholders at a meeting on Sept. 25.

It says the move is being implemented to ensure the company continues to comply with the listing requirements of the Nasdaq Global Select Market.

Shares in Canopy once traded for more than $60 per share, but have fallen significantly.

Canopy shares closed down eight cents at 93 cents on the Toronto Stock Exchange on Tuesday.

This report by The Canadian Press was first published Dec. 13, 2023.