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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 Bella2017on Feb 28, 2018 4:59pm
335 Views
Post# 27639472

Aphria invests in pharmaceutical cannabis with 50,000 acres

Aphria invests in pharmaceutical cannabis with 50,000 acres

Canadian Aphria invests in pharmaceutical cannabis with 50,000 acres in Xanthi

The first agreement was concluded for the realization of an investment by a foreign company in our country
Canadian Aphria invests in pharmaceutical cannabis with 50,000 acres in Xanthi
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In view of the bill drafted by the Ministry of Health to allow both natural and legal persons to cultivate, process and market pharmaceuticals hemp products, the first agreement was concluded for the realization of an investment by a foreign company in our country.

According to information, Aphria from Canada will make a big investment in the area of Xanthi on an area of 50,000 acres for the manufacture of industrial and pharmaceutical cannabis. 

A number of appointments had taken place with Deputy Minister of Development and Economy, Mr Stergios Pitsiorlas,  and working groups have already been set up to undertake this investment.

 
Canadian interest has to do with the climate prevailing in Greece, which favors the cultivation of the plant. 

Aphria is based in Ontario, Canada and is listed on the Stock Exchange. 

It is a specialized company in the production of industrial and pharmaceutical cannabis despite the fact that it is established in 2013 and already has subsidiaries in the USA. 

"Cannabis economy" is currently the world's fastest-growing economic activity.
 

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