Aphria Drops Liberty Health Sciences Purchasing Option

Aphria (NYSE:APHA,TSX:APHA) will not pick up its purchase option for a US-based multi-state operator (MSO) of cannabis assets. On Tuesday (February 19), Aphria’s independent board members Shlomo Bibas, John Herhalt, Tom Looney and Irwin Simon confirmed the company would be ditching a clause in a sale agreement for a controlling stake in Liberty Health Sciences […]

Green Growth Issues Second Hostile Takeover Bid for Aphria

After an initial notice to shareholders, Green Growth Brands (CSE:GGB) formalized its takeover offer for a C$ 2 billion valued Canadian licensed producer (LP). Aphria (NYSE:APHA,TSX:APHA) quickly issued a response on Tuesday (January 22) following the proper offer from Green Growth, asking investors to ignore the bid for now. The Canadian firm indicated its independent […]

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 […]