February 13, 2019 / 3:00 AM / 8 months ago

BUZZ-Australia's MMJ Group Holdings Ltd rises; unit signs cannabis oil sale agreement

** Shares of MMJ Group Holdings Ltd rise as much as 10.2 pct to A$0.270, their highest since Jan. 22

** Bioscience company says unit MediPharm Labs signed a C$35 mln ($26.50 mln) private label cannabis oil sale agreement with an option for additional C$13.5 mln ($10.22 mln)

** Stock posts its biggest intraday pct gain since Dec. 3

** 1.2 mln shares change hands, compared with the 30-day average volume of over 408,000 shares

** Stock has risen 4.3 pct this year as of last close ($1 = 1.3209 Canadian dollars)

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