Aphria Chairman Gives Response to Green Growth Offer

The chairman of Aphria (NYSE:APHA,TSX:APHA) has clarified his stance on a takeover bid from Green Growth Brands (GGB) (CSE:GGB) as the multi-state operator commits to its proposed strategy. Following a statement from GGB restating its intentions to pursue the takeover, Irwin Simon, chairman of Aphria, told CNBC’s Squawk Box on Wednesday (January 2) there had […]

Green Growth Brands Reaffirms Commitment to Takeover Aphria Inc.

Green Growth Brands Inc. (“Green Growth”) (CSE:GGB) reaffirms its commitment to launch an offer (the “Offer”) to purchase all of the issued and outstanding common shares of Aphria Inc. (“Aphria”) (TSX: APHA and NYSE: APHA) which it does not already own and welcomes early expressions of interest from Aphria shareholders who are frustrated with Aphria’s performance and absence […]

Green Growth Brands Targets Aphria in Takeover Bid

In a stunning move, a US cannabis multi-state operator has launched a takeover bid for Canadian licensed producer (LP) Aphria (NYSE:APHA,TSX:APHA). On Thursday (December 27), Green Growth Brands (GGB) (CSE:GGB) unveiled its intentions to pursue an offer for the major Canadian cannabis producer. Peter Horvath, CEO of GGB, said the two companies combined will accelerate the […]

Aphria Continues Drop After Response to Short Seller Report

The downturn for Aphria (NYSE:APHA,TSX:APHA) continued on Tuesday (December 4) as the company combated allegations raised in a short seller report. The Canadian cannabis licensed producer issued a new response and offered a closer look into the assets being called into question by the short sellers. Despite the update, shares of Aphria on the Toronto […]

New Short Seller Report Targets Aphria

Shares of Canadian licensed producer Aphria (NYSE:APHA,TSX:APHA) went on a sharp decline on Monday (December 3) on criticism seen in a new short seller report. Data from Quintessential Capital Management and comments from its founder Gabriel Grego on Monday called into question the path of the company and the value of its recent acquisitions in […]

Aphria Thirsty for Deal with Beverage Company

On Thursday (November 8), Aphria (NYSE:APHA,TSX:APHA) CEO Vic Neufeld said the company wants to make sure the partner they choose from an established industry will “leverage” the company’s vision. Amid pressure to deliver a similar relationship to the one Constellation Brands (NYSE:STZ) and Canopy Growth (NYSE:CGC,TSX:WEED) formed last year Neufeld, during a televised interview with […]

Aphria Confirms Sale of Remaining US Asset

Canadian licensed producer Aphria (TSX:APH) announced on Thursday (September 6) a deal to sell its remaining shares in US-focused multi-state operator Liberty Health Sciences (CSE:LHS). The deal will see the sale of over 64 million shares from Liberty to a separate group of buyers. Aphria said this move will improve its liquidity. “Not only does this […]

Aphria Inks Deal with Schroll Medical

In its efforts to expand globally, Canadian licensed producer (LP) Aphria (TSX:APH) announced on Tuesday (September 4) that it has formed a partnership with Schroll Medical out of Denmark. According to the press release, the partnership with Schroll Medical — which is a subsidiary of Schroll Flowers — will focus on cultivating medical cannabis and […]

Aphria Sees Biggest Cannabis Oil Export to Date

Aphria (TSX:APH) has completed its largest export of cannabis oil to date through a shipment to Australia’s Medlab Clinical (ASX:MDC), it announced on Thursday (July 26). The record-breaking shipment comes as part of a prior agreement between the two companies, through which Aphria produces and supplies cannabis extracts. Medlab then uses the extracts in human […]

Scythian Sells Assets in Latin America to Aphria

A cannabis operator with assets in the international cannabis market confirmed the sale of its South American and Caribbean interests to a major Canadian licensed producer. In a deal announced on Tuesday (July 17) Scythian Biosciences (TSXV:SCYB) will sell its entire network of cannabis businesses across Argentina, Colombia and Jamaica to Aphria (TSX:APH) through the […]