It was today that Aphria Inc (OTCMKTS:APHQF) disclosed details regarding the divestiture of its ownership interest in Copperstate Farms. The company is progressing quite well according to analysts who have applauded the realization of the $8.8 million gain.
Aphria’s dedication to achieve success
Since its establishment, Aphria has always been driven by an unrelenting commitment to its wide customer base as well as to its product quality and innovation.
With its headquarters in Leamington, Aphria has paid quite a huge deal of focus to the production of safe, clean and pure pharmaceutical-grade cannabis at a large scale. It takes a diversified approach to innovation and that has majorly been attributed to its capacity to drive sustainable long-term shareholder value.
Ripshtein take of recent developments
It was a short while ago that Aphria disclosed that it had entered a Supply Agreement (the “Agreement”) with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) and the two will be seeking to unveil a portfolio of high-quality cannabis and cannabis-derivative products.They will be sold out to the adult-use market of Alberta.
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The Chief Commercial Officer of Aphria Jakob Ripshtein while addressing journalists said that it was a good thing that they were working closely with such a strong partner. He said that AGLC had succeeded at proving its commitment in line with the promotion of responsible cannabis use.
Ripshtein opined, “This important agreement enables Aphria’s adult-use brands to have a strong presence in Alberta’s dynamic retail landscape. Through our partnership with the AGLC, we look forward to providing access to our thoughtfully crafted portfolio of brands that were designed to meet the diverse needs of Alberta consumers.”
Vic Neufeld, the Chief Executive Officer of Aphria has revealed that they are currently making preparations for the October legal sales .The official has termed the current agreement a great representation of yet another major milestone in their progress.
The company is well prepared to meet up to the rising needs of Albertans as well as all those living across Canada. Aphria is focusing on taking advantage of untapped opportunities and will be relying upon the latest technologies in bringing breakthrough innovation to the global cannabis market.