1 step back before 3 steps up again....Yaawwwwn!Analyst Martin Landry of GMP Securities says Aphrias (Aphria Stock Quote, Chart TSX, NYSE:APHA) appointment of a new chair of its Board of Directors will help improve governance at the cannabis company. At the same time, he calls the just-proposed hostile takeover by Green Growth Brands an unrealistic venture, arguing that the deal lacks a suitable takeover premium. Irwin D. Simon of US food company the Hain Celestial Group has taken up the position of independent Chair at Aphria. As we continue to focus on building an extremely dynamic, global cannabis company with tremendous opportunity for substantial shareholder value creation, Irwins decades of operational and strategic experience in health and wellness and consumer packaged goods will be very valuable. We were looking for changes at the BOD to improve governance, Landry said in an equity research update. Mr. Simon is a high profile and successful entrepreneur having founded the Hain Celestial Group. He is a strong addition to Aphrias BOD and a great step in the right direction to improve governance.