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Company News

BUZZ-Aphria, Aurora Cannabis buck pot weakness after announcing new deals

** New deals help U.S.-listed shares of Aphria and Aurora Cannabis buck the dip in cannabis stocks

** Aphria up 2.7 pct premarket after announcing a deal with Manna Molecular Science to make cannabis transdermal patches

** Aurora up 1.1 pct on deal to buy a 51 pct ownership stake in Portugal-based Gaia Pharm Lda to build a local facility

** Tilray flat premarket, while Cronos Group is down 1.7 pct and Canopy Growth is off 0.6 pct

** Cronos had slumped 7.6 pct on Monday after Jefferies rated it “underperform”, while giving a bullish view on the rest of the sector (Reporting by Savio D’Souza)

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