Aphria Inc. APHA

RE:RE:RE:RE:RE:RE: Is this the same Irwin Simon from APHA? See news release..

[jayjay2020]

jayjay2020 wrote:

jayjay2020 wrote:

tornandfrayed wrote: Is this related to the 300K Aphria just raised? Makes me wonder if it's related to the 300K raise Aphria just did? 

To me it looks like he is forming a "better for you" company with other HAIN friends.  To me they are raising money to go after the CBD wellness category in the US .  They are using the words CBD in the prospectus but this is my feeling. 

 

An interesting way to look at it is they raise more capital in another company and not dilute APHA and go after an acquistion. 

"we intend to focus on businesses that operate in the following“better-for-you” sectors: (i) consumer packaged goods (“CPG”) and other consumables and (ii) hospitality, including restaurants. We consider“better-for-you” to include businesses that focus on health and wellness broadly. We believe“better-for-you” products appeal to health-conscious consumers seeking products that are less processed, contain natural ingredients and are transparent with their ingredients and sourcing practices. We believe that many consumers already prefer better-for-you products due to increasing awareness for the role that food, beverage and personal care products play in individual long-term health and wellness and that this trend will continue to grow. As a result of our view of these long-term trends, we intend to focus on these sectors that have global consumer appeal as we believe“better-for-you” has become a global phenomenon and we expect it to continue for the foreseeable future."