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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

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Post by gottahunchon Sep 01, 2020 5:37pm
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Post# 31491083

Ontario to double pace of store openings

Ontario to double pace of store openings

The Alcohol and Gaming Commission of Ontario (AGCO) continues to work with the Government of Ontario on opportunities to increase the number of cannabis Retail Store Authorizations (RSAs) that can be issued each month.

Last December, as part of the steps taken to move to an open market for cannabis retail stores, the government announced that starting April 2020, the AGCO would begin by issuing up to 20 RSAs per month. In all, the AGCO has issued 164 RSAs to date and 150 stores are currently open.

At the government’s direction, the AGCO is now moving to double the pace of store authorizations this fall. The AGCO will soon contact all affected retail store applicants directly to advise them of any change to the timing of the issuance of their store authorizations.


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