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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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Comment by Akattackon Jul 26, 2020 8:59pm
215 Views
Post# 31321805

RE:RE:In case u didn’t know

RE:RE:In case u didn’t know There is another deal that was just announced though. I think that's what is being referred to. Speculation is that the Canadian LP is Aphria : AMP German Cannabis Group orders 150 kilograms of medical cannabis from Canadian Licensed Producer AMP German Cannabis Group Inc. Logo (CNW Group/AMP German Cannabis Group Inc.) NEWS PROVIDED BY AMP German Cannabis Group Inc. Jul 21, 2020, 02:00 ET ERFURT and BERLIN, Germany, July 21, 2020 /CNW/ - AMP German Cannabis Group Inc. ("AMP" or the "Company") (FSE: C4T) (ISIN: CA00176G1028) (CSE: XCX) announces it has placed two orders for bulk and finished EU-GMP medical cannabis flower from a Canadian Licensed Producer ("Canadian LP") of medical cannabis. AMP will be purchasing and importing to Germany, 50 kilograms of EU-GMP medical cannabis in September 2020 and a further 100 kilograms during January/February 2021. AMP and the Canadian LP plan to expand the supply agreement for monthly large volume purchases of medical cannabis as well as extracts. The Canadian LP operates an indoor growing and processing facility in Canada and was already EU-GMP certified by German authorities earlier this year. Dr. Stefan Feuerstein, President of AMP, commented, "We are seeing a stronger than anticipated demand for medical cannabis in the German marketplace and Canada is one of a few credible suppliers to Germany in the short term. Demand from German pharmacies is so high that AMP will be adding pharmaceutical distributors across Germany that focuses solely on medical cannabis in the upcoming weeks. Our goal is to become a major importer to Germany by the end of 2021" About AMP German Cannabis Group Inc. AMP German Cannabis Group is licensed to import European Union - Good Manufacturing Practice (EU-GMP) medical cannabis and sell to pharmaceutical distributors or pharmacists directly, the only point-of-sale for medical cannabis to German patients. AMP has entered into a non-exclusive distribution agreement for medical cannabis with a leading distributor of pharmaceuticals products to more than 13,000 pharmacies throughout Germany for monthly shipments starting in the second half of 2020. For more information, please visit: www.amp-eu.com AMP social media links: Twitter: https://twitter.com/AMP_Cannabis LinkedIn: www.linkedin.com/company/ampgermancannabisgroup Facebook: www.facebook.com/AMPGCG/ AMP Media Kit: www.amp-eu.com/media-kit Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates, including with respect to its business plans and milestones and the timing thereof. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law. SOURCE AMP German Cannabis Group Inc. For further information: Mr. Alex Blodgett, CEO and Director, AMP German Cannabis Group Inc., Telephone: +1 236-833-1602, Email: investor@amp-eu.com Related Links www.amp-eu.com
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