LEAMINGTON, ONTARIO--(Marketwired - Oct. 18, 2016) - Aphria Inc. ("Aphria" or the "Company") (TSX
VENTURE:APH) (OTCQB:APHQF) one of the leading Canadian licensed producers of medical cannabis, and
MassRoots, Inc., one of the largest technology platforms for the cannabis industry, are pleased to announce they have entered
into one of the first international partnerships between cannabis companies. Under the terms of the agreement, MassRoots
will help build awareness of the Aphria brand amongst its Canadian userbase. Aphria will compensate MassRoots a cash fee (in
U.S. dollars) it refers.
"We are thrilled to partner with Aphria to help expand their patient base while opening a new revenue stream for our
business," stated MassRoots CEO Isaac Dietrich. "As a technology platform, MassRoots is available in every state and country that
regulates the production of cannabis and we could not be more excited to have a partner of Aphria's caliber in the Canadian
market."
"This partnership with MassRoots offers a fresh, innovative way to expand Aphria's patient base while helping to grow our
digital presence," stated Aphria CEO Vic Neufeld. "MassRoots has the potential to be the leading technology platform in the
cannabis sector and we look forward to leveraging their distribution channels and data to optimize our operations."
On Monday, October 17, 2016, Aphria, Inc. invested $250,000 USD in MassRoots by purchasing 500,000 shares of MassRoots common
stock, along with receiving warrants to purchase an additional 500,000 shares at $0.90 per share, valid until October 17, 2019
under MassRoots' Registered Offering declared effective by the United States Securities and Exchange Commission on August 11,
2016. The partnership with MassRoots and the related equity investment remain subject to regulatory approvals, including the
approval of the TSX Venture Exchange.
About MassRoots
MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with
over 900,000 registered users. It is proud to be affiliated with the leading organizations in the cannabis industry, including
the ArcView Group and National Cannabis Industry Association. MassRoots has been covered by Fox
Business, CNBC, Fortune, Denver Post, and The Financial Times. For more information, please
visit MassRoots.com/Investors.
About Aphria
Aphria Inc., one of Canada's lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington,
Ontario, the greenhouse capital of Canada. Aphria is truly powered by sunlight, allowing for the most natural growing conditions
available. We are committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics
and returns to shareholders. We are the first public licenced producer to report positive cash flow from operations and the first
to report positive earnings in consecutive quarters. For more information, visit www.Aphria.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain information in this news release constitutes forward-looking
statements under applicable securities laws. Any statements that are contained in this news release that are not statements of
historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as
"may", "should", "anticipate", "expect", "believe", "intend" or the negative of these terms and similar expressions.
Forward-looking statements in this news release include, but are not limited to, the growth of MassRoots' business, the growth of
Aphria's business, potential partnerships, new features, related business strategies, statements with respect to internal
expectations, estimated margins, expectations for future growing capacity, the expected growth of production facilities in North
America, any commentary related to the legalization of marijuana and the timing related thereto, and expectations with respect to
future production costs. Forward-looking statements necessarily involve known and unknown risks, including, without limitation,
risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative
and regulatory developments involving medical marijuana; inability to access sufficient capital from internal and external
sources, and/or inability to access sufficient capital on favourable terms; the medical marijuana industry in Canada generally,
income tax and regulatory matters; the ability of Aphria or MassRoots to implement its business strategies; competition; crop
failure; currency and interest rate fluctuations and other risks.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on
forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed
will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange (the "Exchange") nor its Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.