April 5, 2019 / 1:05 PM / 7 months ago

BUZZ-Aurora Cannabis: Gains on German cannabis production tender

** U.S.-listed shares of Aurora Cannabis Inc up 3.2% at $9.24

** Co selected as one of the three winners in public tender to cultivate and distribute medical cannabis in Germany

** Co awarded maximum number of lots in cannabis production tender; cannabis produced will be sold to the German government and supplied to wholesalers for distribution to pharmacies - ACB

** Contract will be formalized at the earliest on April 17, pending outcome of an appeal procedure - Aurora

** Up to Thursday’s close, ACB.N up 80%; ACB.TO up 76 %

** Eight of 11 brokerages rate Aurora’s Toronto-listed shares as “buy” or higher, 2 “hold” and 1 “sell” ; their median PT is C$14.50

Reporting by Shradha Singh in Bangalore

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