March 25, 2019 / 12:23 PM / 7 months ago

BUZZ-Canopy Growth: Rises on new Health Canada licence

** U.S.-listed shares of Canopy Growth up 1.7 pct at $45.15 premarket

** The cannabis producer receives Health Canada licence for a production facility in Fredericton, New Brunswick

** The new facility is expected to increase co’s cannabis production by more than 5,000 kg annually and create more than 130 jobs at the Fredericton plant

** First harvests from the facility are expected to become available in the market within six months - Canopy Growth

** Co’s U.S.-listed shares have surged 65 pct so far this year (Reporting by Shradha Singh in Bengaluru)

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