March 4, 2019 / 12:26 PM / 7 months ago

BUZZ-Aphria: Gains after license to expand cannabis production

** U.S.-listed shares of cannabis producer up 4.4 pct at $10.59 premarket after gaining license to increase production from Health Canada

** Annual cannabis production capacity at Aphria One increases to 110,000 kg

** Co says by Friday, it will establish nearly 22,000 plants, with additional 12,000 plants added each week thereafter until full crop rotation is reached

** With more than 44,000 shares traded at 7:05 a.m. ET, APHA is among the most heavily traded U.S. stocks

** Stock has jumped nearly 80 pct this year (Reporting by Amy Caren Daniel in Bengaluru)

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