Tag: Aphria

Why Aphria Decided to Sell $80 Million of Stock

As we reported earlier this week, the big story for the cannabis capital markets has been a flood of new issues out of Canada. The largest deal, announced on...
- October 20th, 2017 at 2:15 pm

Poland Opens as Medical Cannabis Export Market

Expansion of International Medical Cannabis Markets: Poland Guest post by Peter S. Murphy, Member, Eckert Seamans Cherin & Mellott, LLC This Summer, Poland became the twelfth country in the European...
- October 18th, 2017 at 11:03 am

Share Supply Sinks Canadian Cannabis Companies

Canadian cannabis producers saw huge losses in trading on Tuesday. While some may attribute it to the TSX policy update after the close on Monday, with the exchange threatening...
- October 17th, 2017 at 5:01 pm

Aphria Posts 40% Sales Growth and 47% EBITDA Growth in Q1

  Aphria reports strong performance in Q1 2018, including record revenue and grams sold Lowered cash costs for the quarter, furthering commitment to being a low-cost producer Four-part greenhouse...
- October 13th, 2017 at 8:24 am

How Cannabis Oils Are Driving Canadian LP Sales

In September, Health Canada updated market information that showed how oils are growing rapidly. During the quarter ending 6/30, licensed producers (LPs) shipped 5.896mm grams of dried flower, representing...
- October 12th, 2017 at 12:12 pm

Cannabis Fund Green Acre Capital Raises $25 Million

Green Acre Capital Announces Successful Closing of $25 Million Fund I TORONTO, Sept. 28, 2017 (GLOBE NEWSWIRE) — Green Acre Capital (“GAC”) is pleased to announce the final close...
- September 28th, 2017 at 10:16 am

Aphria Insiders Cash Out $7.245 Million

Aphria (TSX: APH) (OTC: APHQF) co-founders and directors Cole Cacciavillani, who serves as Chief Operating Officer, and John Cervini have reduced their holdings in September. According to transactions filed...
- September 22nd, 2017 at 8:58 am

Cannabis ETF Makes Changes After Index Rebalancing

Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ) (OTC: HMLSF), the world’s first and still only cannabis ETF, has adjusted its portfolio this month as its benchmark, the North...
- September 20th, 2017 at 9:30 am

Midas Tours Aphria Ontario Cannabis Greenhouse

James West of The Midas Letter, who posted a tour of Canopy Growth’s flagship facility in Smiths Falls and interview with President Mark Zekulin earlier this summer, toured the Aphria (TSX:...
- August 16th, 2017 at 7:06 pm

Aphria to Launch Tokyo Smoke Strains

Tokyo Smoke partners with Aphria to launch medical cannabis TORONTO, ON–(Marketwired – August 10, 2017) – Tokyo Smoke breaks ground by introducing four medical cannabis strains in collaboration with...
- August 10th, 2017 at 9:22 am

Overexposed Cannabis ETF Hit Hard by Biotech Losses

Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) (OTC: HMLSF) has been hit hard over the past two weeks, declining 8.4% since July 26th despite what has been a stable market...
- August 9th, 2017 at 12:46 pm

Aphria Takes Tokyo Smoke Stake

Tokyo Smoke closes on $4 million of Series B funding Cannabis lifestyle and retail brand’s latest funding to be upsized with lead investment from Aphria and Green Acre Capital...
- August 3rd, 2017 at 9:16 am

Canadian Cannabis Stocks Bounce Back

After a big 2nd half of 2016 and some strength in early 2017, Canadian LPs were under heavy pressure from April through June following a glut of supply (new...
- July 28th, 2017 at 3:32 pm

Aphria Q4 Sales Rise 106%

EBITDA increases 181% in the quarter, exceeding $2.8 million Cash costs to produce dried cannabis per gram decreases 35% from prior quarter LEAMINGTON, ONTARIO–(Marketwired – July 12, 2017) –...
- July 12th, 2017 at 8:23 am