18:25:09 EDT Thu 28 Mar 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

FP says Aphria, rivals rushing to make deals

2018-01-22 08:43 ET - In the News

Also In the News (C-ACB) Aurora Cannabis Inc
Also In the News (C-CMED) CanniMed Therapeutics Inc
Also In the News (C-LEAF) Medreleaf Corp
Also In the News (C-NUU) Nuuvera Inc
Also In the News (C-WEED) Canopy Growth Corp

The Financial Post reports in its Saturday, Jan. 20, edition that Aphria's $230-million takeover of Broken Coast Cannabis started a flurry of deals last week. The Post's Mark Rendell writes that the major announcements included Canopy Growth securing the industry's first financing from a Big Six bank, and Aurora Cannabis and CanniMed Therapeutics putting their hostilities on hold to discuss a potential agreement. Bud from Toronto-based Nuuvera could soon appear on the shelves of Italian pharmacies, after the company acquired an Italian import licence by purchasing Genoa-based FL-Group. The move makes Nuuvera the first Canadian company to hold an Italian licence, although Aurora Cannabis also announced last week that it would be shipping cannabis to Italy through its German subsidiary Pedanios. Nuuvera's entrance into the Italian market follows a decision by the Italian National Health System to reimburse the cost of cannabis prescriptions. On Friday, Nuuvera also announced it had closed a deal with Aphria to secure 60,000 kilograms of cannabis that will be produced annually by Ontario's Double Diamond Farms. On Friday, Tilray Canada became the third company to sign a supply agreement with Shoppers Drug Mart.

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