June 7, 2019 / 2:36 PM / 6 months ago

BUZZ-Aphria rises on deal with PAX Labs for cannabis pods

** Shares of Canadian cannabis producer Aphria Inc up 3.7% at C$9.5, U.S.-listed shares up 4.2% at $7.18

** Co announces agreement with San Francisco-based PAX Labs Inc to provide cannabis extracts in pods for PAX cannabis vape devices

** PAX has already sold more than 500,000 devices in the United States

** Average rating by 12 analysts covering APHA is ‘buy’; median PT is C$15

** Toronto-listed shares up 20% YTD; U.S.-listed shares up ~25% in the same period (Reporting By Arundhati Sarkar in Bengaluru)

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