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.
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