Neptune Wellness: Lights up on deal with cannabis company Tilray

Neptune Wellness Solutions

07/06/2019 12:54

** U.S.-listed shares of nutrition products firm  NEPT.O 
rise 13.4% to $4.50 in premarket trade
    ** NEPT signs 3-year extraction, purification deal with
cannabis company Tilray Inc  TLRY.O  
    ** Minimum volume of biomass to be processed over the
three-year term is 125,000 kg
    ** NEPT expects to receive its first shipment of biomass
from Tilray in Sept. 2019  urn:newsml:reuters.com:*:nPn61kLrSa
    ** Shares of TLRY down 1.7% at $35.10 in premarket trade
    ** NEPT stock has been up ~56.3% this year

 (Reporting by Ashwini Raj in Bengaluru)