Aphria (TSX: $APH) (OTCQB: $APHQF) Advances Growth in US #MedicalCannabis Market With Completion of Strategic Investment in DFMMJ, and Exclusive Management Agreement With Chestnut Hill Tree Farm LLC
License transfer to occur after introduction of new Florida regulations
Aphria and DFMMJ plan to significantly increase the size of Chestnut within six months
TALLAHASSEE, FLORIDA and LEAMINGTON, ONTARIO - May 24, 2017 (NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES-Aphria Inc. ("Aphria" or the "Company") (TSX:APH)(OTCQB:APHQF) and Securecom Mobile Inc. ("Liberty") (CSE:SCM) are pleased to announce the successful first step of their previously announced US expansion strategy. Aphria, through a strategic investment into DFMMJ Investment Ltd. ("DFMMJ"), a special purpose private company, entered into an exclusive Management Agreement with Chestnut Hill Tree Farm, LLC ("Chestnut"). DFMMJ's intends to continue to target, for expansion, key US states that have approved medical use of marijuana and meets its stringent investment criteria.
Read this news release in full at http://www.investorideas.com/420cannabisinvestorideas/Companies/APH/news/2017/05241Medical.asp
Disclosure: Aphria Inc. (TSX:APH) (OTCQB:APHQF) is a featured company on the 420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Disclosure: Companies Featured on the 420 Cannabis Investor Ideas have paid a one-time fee of Up to $1000 to be featured on the directory