June 19, 2018 / 12:19 PM / 3 months ago

BUZZ-Neptune Technologies & Bioressources surges after partnering with Canopy Growth

** U.S.-listed shares of nutrition products co jump 33.5 pct to $3.270, second among top advancers in premarket trade across U.S. exchanges

** NEPT signs multi-year deal with Canadian cannabis firm Canopy Growth to supplement WEED’s extraction, refinement and product formulation

** Canopy Growth is Canada’s biggest marijuana company with a market value of C$7.91 bln

** Through the agreement, Canopy Growth to expand its presence in the growing cannabis industry in Quebec

** U.S.-listed marijuana ETF ETFMG Alternative Harvest ETF was up marginally at 0.2 pct

** As of Monday’s close, NEPT’s U.S.-listed shares rose 4 pct YTD (Reporting by Shreyashi Sanyal in Bengaluru)

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