Cannabis company Aphria CEO says it may buy additional consumer brands

CNBC2021-04-13

KEY POINTS Aphria CEO Irwin Simon is looking for additional opportunities to acquire brands in the consumer products space, hoping to grow beyond cannabis. Simon previously founded the consumer ...

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Comments

TaiGerGenie
2021-04-13
TaiGerGenie
Expanding so soon! Hungry management keep it going
Showcase
2021-04-13
Showcase
Nice
- windspring:
  wow
CherryPang
2021-04-13
CherryPang
Nice
lyj893
2021-04-13
lyj893
Nice
- lyj893:
  Pls like and comment!
Foreverhuat
2021-04-13
Foreverhuat
Nice
- Foreverhuat:
  Rock on
JFZW
2021-04-13
JFZW
??

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Revenue tumbled from the second quarter to the third quarter, but was higher on a year-over-year basis.\nFor the three months ended Feb. 28, Aphria reported a net loss of $361 million Canadian dollars on revenue of $153.6 million Canadian dollars.\n“In the U.S., we had a solid first full quarter of contribution from Sweetwater even with lower on-premise sales compared to the prior year quarter as many foodservice industry establishments were still operating with limited capacity,” said Simon in a press release.\nAphria shareholders are scheduled to vote on the Tilray deal on Wednesday. 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