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One company will win the ticker symbol 'POT' in a lottery today

One lucky company — presumably a cannabis company — will find out if they can use the stock symbol "POT."

Demand for "POT" has been so high given the cannabis craze that the Canadian Securities Exchange is holding a "random lottery" on Wednesday to determine which company can use it.

"In response to significant interest from issuers listed on, and applicants to, each of the Exchanges, the Exchanges have jointly determined to allocate the 'POT' stock symbol by way of a collective lottery process, notwithstanding the symbol reservation procedures of each Exchange," the exchange said in a bulletin posted earlier this month.

Applications were due on Tuesday. It's unclear how many applied.

The symbol is non-transferrable, and only the winner will be permitted to use it.

POT previously belonged to Saskatchewan-based fertilizer company Potash Corp, which merged with Agrium last year to form a new company called Nutrien (NTR).

Julia La Roche is a finance reporter at Yahoo Finance. Follow her on Twitter.