October 2, 2018 / 3:26 PM / 16 days ago

BUZZ-Pyxus International: Jumps after getting cannabis cultivation license

** Tobacco processing company’s shares soar 14 pct to $26.53

** PYX’s indirect unit Goldleaf Pharm gets approval for cannabis cultivation license from Health Canada

** PYX’s announcement comes a day after Tilray Inc’s unit got a cannabis sales license from the Canadian regulator

** License allows PYX’s unit to begin cultivating medicinal cannabis at its Simcoe, Ontario facility

** Marijuana stocks fall on Tuesday after PepsiCo Inc said it has no plan to do anything with cannabis-based products

** Including today’s gains, PYX’s stock has more than doubled YTD (Reporting by John Benny in Bengaluru)

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