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Wednesday, July 5, 2017

Aphria (TSX: $APH) (OTCQB: $APHQF) Inks Major Wholesale Supply Agreement With Scientus Pharma, Health Canada Licensed Dealer

Aphria (TSX: $APH) (OTCQB: $APHQF) Inks Major Wholesale Supply Agreement With Scientus Pharma, Health Canada Licensed Dealer

Agreement to generate approximately $5 million in revenue for Aphria over 12-month contract



LEAMINGTON, ONTARIO - July 5, 2017 Aphria Inc. ("Aphria" or the "Company") (TSX:APH)(OTCQB:APHQF), through its subsidiary Pure Natures Wellness Inc. (o/a Aphria), is pleased to announce that it entered into a major wholesale supply agreement with HydRx Farms, Ltd. (o/a Scientus Pharma) ("Scientus Pharma"). Under the terms of the Agreement, Aphria is committing to supply over 25,000 fully grown medical cannabis plants over the next 12 months to Scientus Pharma. The first delivery, under the agreement will occur in the middle of Aphria's second quarter of 2018. Aphria expects to generate over $1.2 million of revenue from the wholesale supply agreement in each full quarter of shipments, with gross margins consistent with previously executed wholesale agreements.

Disclosure: Aphria Inc. (TSX:APH) (OTCQB:APHQF) is a featured company on the 420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com



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