On April 15, 2019 the company released
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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.