07:54:38 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



Aphria Inc
Symbol APH
Shares Issued 160,234,898
Close 2018-01-19 C$ 22.19
Market Cap C$ 3,555,612,387
Recent Sedar Documents

Globe says Emerald Health, rivals eye vegetable growers

2018-01-22 07:49 ET - In the News

See In the News (C-EMH) Emerald Health Therapeutics Inc

The Globe and Mail reports in its Monday edition that a slew of partnerships are cropping up between greenhouse farms and medical cannabis companies. The Globe's guest columnist Tracey Lindeman writes that Emerald Health Therapeutics is partnering with Village Farms in Delta, B.C.; Aphria has joined up with Ontario's Double Diamond Farms; and Canopy Growth is taking over a 700,000-square-foot organic greenhouse in Mirabel, Que., owned by the largest North American producer of pink tomatoes. Other joint ventures are on the way, too. Canopy is partnering with or acquiring greenhouses outright across the country. Canopy's Quebec brand manager Adam Greenblatt says, "We want to establish production in every province because it seems like there's going to be some preference for local producers." Growers are hopeful that pot will give them some reprieve from decades of dwindling margins. Cannabis companies are keen to work with established agricultural producers because it is usually cheaper and faster to acquire and convert existing greenhouses than to build new ones. Most of these joint ventures also come with the added bonus of allowing cannabis companies to absorb experienced growers and farm staff.

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