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Aphria Completes Divestiture of Stake in Arizona Cannabis Producer
Jul. 05, 2018 08:51AM PST
Cannabis Investing NewsAphria announced it completed the divestiture of its ownership interest in Copperstate Farms, an Arizona based cannabis producer.
Aphria (TSX:APH) announced it completed the divestiture of its ownership interest in Copperstate Farms, an Arizona based cannabis producer.
As quoted in the press release:
Aphria’s original investment was approximately C$11.1 million ($8.2 million USD). Aphria received C$20 million as part of the divestiture, realizing a gain of approximately C$8.8 million on the sale.
Click here to read the full press release.
Source: www.newswire.ca
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