APHRIA INC RECEIVES A RATING UPDATE FROM A TOP ANALYST The Healthcare company, Aphria Inc (TSXV: APH), has received a rating update from a Wall Street analyst today. The company received a Buy rating from Clarus’ analyst Noel Atkinson.
Atkinson wrote:
“We are raising our capacity target for Aphria to 150,000 kg/year, which is 50,000 kg/year beyond the Company’s current announced plans. We expect approximately C$100MM of cash on hand to be used to fund this incremental capacity expansion in 2019, either by building new greenhouses or acquiring and retrofitting greenhouses in Ontario and/or B.C.”