April 24, 2018 / 2:41 AM / 6 months ago

BUZZ-Australia's Auscann Group gains; co to import products from Canada-based firm

** Shares of medical marijuana cultivator Auscann Group Holdings Ltd rises as much as 10.3 pct to A$1.6, highest since March 29

** Co receives import permit under its existing import licence for finished cannabis oils from its major shareholder, Canada-listed Canopy Growth Corp

** AusCann and Canopy are also proposing to enter into a supply arrangement

** Stock posts its biggest intraday pct gain since March 2

** More than 928,000 shares change hands, compared with 30-day average of 455,469 shares

** Stock has gained 81.3 pct this year, as of Monday’s close

Reuters Messaging: shanima.a.thomsonreuters.com@reuters.net

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