Canadian weed stocks up on Trump's new stance on pro-marijuana states

East Side Games

16/04/2018 15:55

** Shares of Canadian marijuana companies rise after Trump
says will lift legal threat to states that permit marijuana use 
    ** U.S. Senator Cory Gardner says on Friday President Trump
had pledged to sign into law a bill that would codify states'
rights to set their own marijuana legislation  urn:newsml:reuters.com:*:nL1N1RR0J3
    ** Shares of Canadian pot stocks up: Canopy Growth  WEED.TO 
up 3.6 pct, CanniMed Therapeutics  CMED.TO  3.2 pct, Aurora
Cannabis  ACB.TO  up 3.3 pct, MedReleaf Corp  LEAF.TO  up 3.5
pct, Aphria Inc  APH.TO  up 8 pct 
    ** In addition, Aphria's Q3 EPS of 8 Canadian cents, beats
analysts' estimate by 7 Canadian cents- Thomson Reuters I/B/E/S
 urn:newsml:reuters.com:*:nFWN1RT0HE
    ** Canopy Growth says its domestic production capacity
doubles, also says will buy Czech medical marijuana producer
Annabis Medical for ~C$2.5 mln to strengthen presence in
Europe urn:newsml:reuters.com:*:nPrek1qwna     

 (Reporting by Taenaz Shakir in Bengaluru)
 ((RM: taenaz.shakir.thomsonreuters.com@reuters.net))