Aphria digs in over TMX dispute; inks deal for CA$92M in funding

https://mjbizdaily.com/aphria-digs-tsx-dispute-inks-deal-ca92m-funding/

On the same day Aphria shares slid more than 13% over delisting fears, the Leamington, Ontario-based company announced a deal to raise up to 92 million Canadian dollars ($73 million) in capital.

The new financing, announced Tuesday, came a day after the TMX Group, parent of the Toronto Stock Exchange and the TSX Venture Exchange, said that marijuana companies doing business in the United States could be delisted.

Aphria, trading on the TSE as APH, owns Liberty Health Sciences, which acquires and operates U.S.-based companies in the medical cannabis market.

In an interview with the Canadian Press, Aphria’s chief executive Vic

Aphria digs in over TMX dispute; inks deal for CA$92M in funding is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The post Aphria digs in over TMX dispute; inks deal for CA$92M in funding appeared first on Marijuana News.


Source: MJFeed

Leave A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.