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Aphria Chairman: 'Short-Seller Report Was A Wake-Up Call'
Wednesday, March 27, 2019 - 11:30am | 445Canadian cannabis company Aphria Inc (NYSE: APHA) has a plan to boost revenue to CA$1 billion ($746 million) by the end of next year, newly appointed Chairman Irwin Simon told Bloomberg. Aphria expects to increase its revenue by about fivefold by the end of 2020 from an estimated CA$209...
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Aphria Special Committee Concludes LATAM Purchase Was Within 'Acceptable Range'
Friday, February 15, 2019 - 10:11am | 468Aphria Inc (NYSE: APHA) shares surged Friday morning when a Special Committee vindicated management in its LATAM Holdings acquisition and product quality. A Special Committee examining the assets found the LATAM purchase was “within an acceptable range as compared to similar acquisitions by...
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Aphria Fires Back Following Short Seller Allegations, Stock Continues Fall
Tuesday, December 4, 2018 - 10:50am | 583Aphria Inc (NYSE: APHA) responded Tuesday to criticism from a pair of short sellers that sent the stock tumbling 23 percent Monday. Despite reassurances from Aphria management Tuesday morning, shares opened lower by another 20 percent. Short Seller Allegations Quintessential Capital founder Gabriel...
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Aphria Crushed After Short Sellers Call It A 'Shell Game'
Monday, December 3, 2018 - 1:52pm | 640Aphria Inc (NYSE: APHA) fell 20 percent Monday after the stock was named as a short target by a presenter at the Kase Short Selling Conference. Quintessential Capital founder Gabriel Grego named Aphria as a top short idea, and said his call has nothing to do with his outlook for cannabis stocks in...