Aphria Announces Final Approval of Copperstate transaction
December 21, 2016
Aphria increases investment to 15%
Leamington, Ontario – December 21, 2016 – Aphria Inc. (“Aphria” or the “Company”) (TSX-V: APH or USOTCQB: APHQF) is pleased to announce that the TSX – Venture Exchange provided Final Approval of the Company’s previously announced investments in Copperstate Farms, LLC and Copperstate Farms Investors, LLC.
Prior to receiving Final Approval, the Company acquired an additional 5% membership interest in Copperstate Farms Investors, LLC, increasing its ownership to 10%, while also ma
Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada. Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. We are committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders. We are the first public licensed producer to report positive cash flow from operations and the first to report positive earnings in consecutive quarters.
For further information please contact:
Mr. Vic Neufeld
Chief Executive Officer
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