February 28, 2019 / 2:04 PM / 8 months ago

BUZZ-Sequential Brands: Soars 70 pct on pot party with Canopy Growth

** Shares of Sequential Brands, which owns consumer brands like Martha Stewart and Jessica Simpson, soars 70.8 pct to $2.05 premarket

** SQBG will collaborate with Canopy Growth to develop cannabidiol products

** Canopy ropes in lifestyle guru Martha Stewart as an advisor

** U.S.-listed shares of Canopy Growth up 3.1 pct at $47.17 premarket

** SQBG has risen 50 pct this year, while CGC has soared 70 pct (Reporting by Amy Caren Daniel and Arjun Panchadar in Bengaluru)

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