Search: Aphria

Why Aphria Stock Jumped Today

What happened? Aphria (NYSE: APHA) ended the week on a strong note. Shares of the Ontario-based cannabis company climbed by 11.3% on Friday, despite the company not reporting any news. The catalyst for Aphria’s stock rising today seems to be the better-than-expected financial results Aurora Cannabis (NYSE: ACB) — one of Aphria’s peers in the marijuana industry — reported after the market…

Aphria Repurchases C$127.5 Million Convertible Notes

Aphria strengthens balance sheet with negotiated debt reduction Completes accretive transaction to repurchase its convertible senior notes Net cash position increases by $127.5 million ($91 million USD) LEAMINGTON, ON, May 8, 2020 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA), a leading global cannabis company, today announced that it entered […] READ MORE: https://www.newcannabisventures.com/aphria-repurchases-c127-5-million-convertible-notes/

Better Buy: Canopy Growth vs. Aphria

The recent market crash wasn’t kind to cannabis stocks. The industry benchmark, the Horizon Marijuana Life Sciences ETF (OTC: HMLSF), is down by 29% since the beginning of the year. And while many will choose to avoid cannabis stocks altogether, others looking to dip their toes in these waters may look at Canopy Growth (NYSE: CGC) and Aphria (NYSE: APHA) as two…

Aphria Ramps Up Revenue in Fiscal Q3 to $144 Million

Aphria Inc. Announces Net Cannabis Revenue Increases 65% From Prior Quarter and Fourth Consecutive Quarter of Positive Adjusted EBITDA Reports Operating Income of $8.7 million Adjusted EBITDA from Cannabis Operations of $6.0 Million Increased 78% from Prior Quarter Cash Cost Per Gram Decreased to Below $1 Updates on COVID-19 Impact and Fiscal Year 2020 Guidance […] READ MORE: https://www.newcannabisventures.com/aphria-ramps-up-revenue-in-fiscal-q3-to-144-million/

Aphria lines up $100M investment as CEO touts balance sheet strength

Aphria Inc. announced Friday it has lined up a $100-million investment from an unidentified institutional investor, representing a fresh capital injection which the Canadian cannabis producer has earmarked for “opportunistic” international expansion efforts. Aphria Chief Executive Officer Irwin Simon told BNN Bloomberg in a phone interview that the investment demonstrates confidence in Aphria as well as the company’s management and…

Aphria Lands $100 Million Investment From Single Institutional Investor

Aphria Inc. Enters Into Agreement to Receive $100 Million Strategic Investment from Institutional Investor Further Strengthening Aphria’s Cash Balance Pro Forma to Nearly $600 million¹ Company Also Provides Corporate Updates LEAMINGTON, ON, Jan. 24, 2020 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA) today announced that it has entered into […] READ MORE: https://www.newcannabisventures.com/aphria-lands-100-million-investment-from-single-institutional-investor/

Aphria stock slides on weaker-than-expected earnings, but other cannabis shares shine

Aphria Inc.’s U.S.-listed shares slid 9% Tuesday before paring their losses, after the Canadian cannabis company posted weaker-than-expected revenue for its fiscal second quarter and revised down its guidance to reflect issues including a slower rollout of retail locations in Ontario. READ MORE: https://finance.yahoo.com/m/f7e39e8a-8d8f-39b7-8b05-1aeda9418b01/aphria-stock-slides-on.html?.tsrc=rss

Aphria stock slides on weaker-than-expected earnings, but other cannabis shares shiner

Aphria Inc.’s U.S.-listed shares slid 9% Tuesday before paring their losses, after the Canadian cannabis company posted weaker-than-expected revenue for its fiscal second quarter and revised down its guidance to reflect issues including a slower rollout of retail locations in Ontario. READ MORE: https://finance.yahoo.com/m/f7e39e8a-8d8f-39b7-8b05-1aeda9418b01/aphria-stock-slides-on.html?.tsrc=rss