September 10, 2018 / 12:29 PM / 2 months ago

BUZZ-Tilray Inc: Up on weed supply agreement with Supreme Cannabis

** Canadian medical marijuana co’s shares up 5.5 pct at $82.20 premarket

** Supreme Cannabis Co Inc to supply premium dried cannabis to TLRY; initial supply pact valued at about C$2 mln

** Weed co stocks surged since Canada announced in June that it would legalize recreational cannabis

** Up to Friday’s close, TLRY’s stock had risen 248 pct since it first listed on the NASDAQ on July 19

** Shares of no 1 co within the sector, Canopy Growth Corp , has risen nearly 128 pct YTD (Reporting by Debroop Roy in Bengaluru)

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