Aphria Secures $25 Million Loan From WFCU Credit Union

Marijuana is big business

CANADA: Aphria has secured $25 million in debt financing from WFCU Credit Union, according to a company press release. The five-year term loan bears interest at 4.68%, has a 15-year amortization and was entered into on July 27, 2018. This is the second round of debt-financing secured by the Company from WFCU, having previously secured a $25 million five-year Read the full article…

Aphria Signs Agreement To Supply Cannabis To The Manitoba Adult-Use Market

Cannabis in Canada

CANADA: Aphria has signed a Supply Agreement with the Manitoba Liquor and Lotteries Corporation to provide a portfolio of high-quality, branded cannabis and cannabis derivative products for sale in Manitoba’s adult-use market. “We are thrilled to finalize this Agreement with the MBLL,” said Jakob Ripshtein, Chief Commercial Officer at Aphria. “Our broad portfolio of adult-use brands and products Read the full article…

Aphria Selects Great North Distributors For Canadian Distribution Of Adult-Use Cannabis

Cannabis in Canada

CANADA: Aphria and Great North Distributors, a wholly-owned Canadian subsidiary of Southern Glazer’s Wine & Spirits, have signed an agreement for Great North Distributors to serve as exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada, following the legalization of recreational cannabis for adult-use anticipated later this year. Under the terms of the agreement, Great North Distributors Read the full article…

DOJA ​​Cannabis ​​And ​​Tokyo ​​Smoke ​​Announce ​Merger

Hiku acquires tokyo smoke

Merger ​​creates ​​Canada’s ​​first ​​retail- ​​& ​​brand-focused ​​cannabis ​​producer Two ​​Canadian ​​cannabis ​​lifestyle ​​brands ​​join ​​forces ​​in ​​a ​​transformational ​​transaction, ​​bringing ​​together industry ​​leading ​​management ​​teams, ​​British ​​Columbia ​​curated ​​handcrafted ​​cannabis ​​production, ​​a portfolio ​​of ​​visionary ​​brands ​​and ​​a ​​growing ​​nationwide ​​retail ​​footprint. Provides ​​the ​​first ​​public ​​markets ​​investment ​​opportunity ​​focused ​​on ​​cannabis ​​retail ​​and Read the full article…

Tokyo Smoke Partners With Aphria To Launch Medical Cannabis

The four strains will launch as a part of a kit ($250), featuring unique Tokyo Smoke packaging, five grams of each strain along with custom crafted black glass jars and special welcome accessories.

CANADA: Tokyo Smoke introduces four medical cannabis strains in collaboration with Aphria, one of Canada’s largest licensed producers of medical marijuana. This is the first time a Canadian consumer brand will partner with a Licensed Producer to launch medical cannabis in Canada, an inaugural event for the lifestyle brand, as well as the Canadian marketplace. Grown and distributed Read the full article…