Search: Aphria

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

Aphria Reduces Outlook as Q2 Cannabis Sales Increase 9.5% Sequentially to $33.7 Million

Aphria Inc. Announces Third Consecutive Quarter of Positive Adjusted EBITDA and a 46% Increase in Adult-Use Cannabis Revenue From Prior Quarter Adjusted EBITDA from Cannabis Operations of $3.4 Million Increased 155% from Prior Quarter Strengthened Balance Sheet and Cash Position Received EU GMP compliance confirmation for ARA-Avanti Rx Analytics Updates Fiscal Year 2020 Outlook LEAMINGTON, […] READ MORE: https://www.newcannabisventures.com/aphria-reduces-outlook-as-q2-cannabis-sales-increase-9-5-sequentially-to-33-7-million/

Supreme Cannabis Names Former Aphria Sales Exec to Lead Sales

Supreme Cannabis Strengthens Sales Strategy with New Senior Vice President of Commercial Joel Toguri joins as Senior Vice President of Commercial Supreme Cannabis strengthens senior team with the addition of experienced sales executive Mr. Toguri brings over 20 years of regulated industry expertise to Supreme Cannabis TORONTO, Nov. 4, 2019 /CNW/ – The Supreme Cannabis […] READ MORE: https://www.newcannabisventures.com/supreme-cannabis-names-former-aphria-sales-exec-to-lead-sales/