Aphria: The Cannabis Stock Suffer Losses Despite Buy Ratings
Aphria Inc (OTCQB:APHQF) share price has been under pressure since the start of this year albeit strong financial numbers and "Buy" ratings. APHQF stock tumbled 40% in the last three months, down 66% year-to-date. The ... [Read]
Cannabis Consolidation Continues: Aphria to Buy Nuuvera for $826 Million
As part of a growing trend of consolidation in the Canadian cannabis market companies are positioning themselves ahead of the upcoming legalization. Aphria Inc. (TSX:APH) has now agreed to buy Nuuvera Inc. (TSX-V:NUU) for $8.50 per share, ... [Read]
Aphria Acquires Broken Coast Cannabis – Stock Rises Nearly 20%
Canadian medical cannabis producer Aphria (TSX:APH) this morning announced it has signed a deal to acquire Broken Coast Cannabis for approximately $230 million. The majority of the payment will consist of shares valued at $15.09, ... [Read]