06:44:33 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Aphria Inc
Symbol APHA
Shares Issued 267,252,463
Close 2020-05-06 C$ 5.15
Market Cap C$ 1,376,350,184
Recent Sedar Documents

Aphria's ASG receives EU-GMP certification for cannabis

2020-05-06 07:58 ET - News Release

Mr. Irwin Simon reports

APHRIA INC. ANNOUNCES RECEIPT OF EU-GMP CERTIFICATION FOR SUBSIDIARY ASG PHARMA LTD. AND LIQUIDATION OF PROMISSORY NOTE

Aphria Inc.'s subsidiary, ASG Pharma Ltd., has received its European Union good manufacturing practices certification from the Malta Medicines Authority (MMA) in respect of production of cannabis for medicinal and research purposes.

Following receipt of its first medical cannabis import licence for analytical testing and research in 2018 and the subsequent ASG facility upgrade, the certification provides Aphria with the ability to ship finished dried flower and finished oil for medicinal and research use in permitted jurisdictions throughout the European Union.

"We are pleased to receive EU-GMP certification for ASG in Malta, our third facility to achieve this milestone, which really speaks to the company's commitment to quality," said Irwin D. Simon, chief executive officer. "We remain excited about growth opportunities as this increases our ability to serve, and further strengthens Aphria's leadership in, the European Union."

ASG is a high-capacity EU-GMP-certified lab that is well positioned to become a cornerstone for testing and research and development of medical cannabis in Europe. In addition, ASG will provide additional capacity for importing, processing, packaging and distribution of the company's EU-GMP certified cannabis products in Europe.

The company also announced the liquidation of its $39-million promissory note from GA Opportunities Corp. for proceeds of approximately $26-million.

About Aphria Inc.

Aphria is a leading global cannabis company driven by an unrelenting commitment to people, the planet, product quality and innovation. Headquartered in Leamington, Ont. -- the greenhouse capital of Canada -- Aphria has been setting the standard for the low-cost production of high-quality cannabis at scale, grown in the most natural conditions possible.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.