Saturday, August 24, 2019

Aphria Inc. - APHA.t

Aphria Inc. - APHA.t is a dodgy pot company.

On April 15, 2019 the company released Numbers

Aphria Inc. (TSX: APHA and NYSE: APHA) today reported its results, for the third quarter and nine months ended February 28, 2019.

The Ontario Securities Commission requested as part of a continuous disclosure review that the Company perform an impairment test on its LATAM assets subsequent to the filing of the 2019 second quarter financial statements. As a result of this impairment test conducted by the Company, the Company determined that a $50 million non-cash impairment charge to the carrying value of the LATAM assets was required.