Market News

    RSS Feed

Aphria Raises $100 Million to Fund Continued Expansion of Production Capacity and Other Strategic Opportunities

April 20, 2017 | Aphria (TSX:APH) has announced it has secured a $100 million raise, including a $75 million bought deal equity financing and $25 million in debt financing through a five-year term loan.

As quoted in the press release:
The Company expects that 50% of the net proceeds of the Offering will be allocated towards  … Read More

Tetra Bio-Pharma & Aphria Announce Plans for the Joint Distribution of Dried Medical Cannabis in the Maritime Provinces & Quebec

April 19, 2017 | Tetra Bio-Pharma (CSE:TBP) and Aphria (TSX:APH) have announced its plans for the joint distribution of dried medical cannabis in the maritime provinces and Quebec.

As quoted in the press release:
Tetra and Aphria will enter into a joint supply agreement, with Aphria supplying dried medical cannabis under its ACMPR license, and Tetra  … Read More