Aphria Inc. Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Tilray & Aphria Announce Closing of Transaction That Creates the “New” Tilray – a Global Cannabis Leader

Tilray, Inc. ("Tilray") and Aphria Inc. ("Aphria") today announced the completion of the previously announced business combination, ushering in a new era in the global cannabis industry. The combined company, which will operate as Tilray (the "Company"), brings together two…

Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million)

December 16, 2020
Press Release
Banking, Finance & Real Estate, Mergers & Acquisitions, Press Releases
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PRESS RELEASE Complementary, Scalable Medical and Adult-Use Cannabis Businesses Strengthen Leadership Position in Canada; Expands U.S. and International Reach through World-Class Cultivation, Manufacturing, Diversified Product Portfolio and Distribution Footprint Robust Supply Chain and Operational Efficiencies Expected to Generate Approximately C$100…

Aphria Inc. Announces 158% Increase in Adult-Use Sales and Profitable Fourth Quarter

PRESS RELEASE Reports Profitable Fourth Quarter Record Net Revenue of $128.6 Million, Up 75% from Prior Quarter Revenue for Adult-use Cannabis of $18.5 Million, Up 158% from Prior Quarter Provides Fiscal Year 2020 Outlook Leamington, Ontario – August 1, 2019…

Shareholder Activists May Target Pot Stocks Next

An investor’s opposition to Canopy Growth Corp.’s acquisition of Acreage Holdings Inc. may signal a new trend for an industry that’s largely been free from shareholder activism. Marcato Capital Management, which holds Acreage shares, has said it will vote against the…

Aphria Inc. Announces Executive Appointments and Transition

Press Release Leamington, Ontario – May 14, 2019 – Aphria Inc. (“Aphria” or the “Company”) (TSX:APHA and NYSE:APHA) a leading global cannabis company today announced several new executive appointments including James Meiers to the role of Chief Operating Officer, Aphria Leamington, Tim Purdie as Chief Information Officer & Chief Information Security Officer, and Maureen Berry as Vice President, Corporate Human…

Germany to launch home-grown cannabis farming as Aurora, Aphria subsidiaries win contracts

Germany has depended on imports of medical cannabis, mainly from Canada and the Netherlands FRANKFURT — Germany has awarded contracts to supply domestically grown cannabis to two Canadian companies, as it seeks to develop its own medicinal marijuana industry and…

Aphria Records 63% Net Revenue Growth in Fiscal 2019 Second Quarter; Announces Executive Team Transition

PRESS RELEASE Net revenue of $21.7 million up 63% from prior quarter on initial sales to Canadian adult-use market; adjusted gross profit of $10.2 million To accelerate the production ramp-up post-Health Canada approvals, yields were lowered to build stockpiles for…

Aphria Completes Acquisition of CC Pharma, Leading German Pharmaceutical and Medical Cannabis Distributor

January 9, 2019
Press Release
Banking, Finance & Real Estate, On the Move, Press Releases
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PRESS RELEASE Leamington, Ontario – January 9, 2019 – Aphria Inc. (“Aphria” or the “Company”) (TSX: APH or US OTC: APHQF) today announced that it had completed its previously announced acquisition of CC Pharma GmbH (“CC Pharma”), a leading distributor of pharmaceutical products, including medical cannabis, to more than…

Once On A High, Cannabis Stocks Are Now Getting Crushed

If you’re invested in any one of the major weed stocks listed on the Toronto Stock Exchange, the past few months must have been utterly nerve-wracking. After a sharp bull run in the in the months leading up to 2018,…