Cannabis Canada: Aphria To Stabilize Canadian Operations Before Exploring U.s. Options: Chair

Aphria?s chair and interim CEO Irwin Simon is focusing on stabilizing the company?s Canadian operations before making any plays across the border. That?s what Simon told BNN Bloomberg in an interview at Aphria’s new Toronto office where he spoke broadly on the Leamington, Ont.-based cannabis producer?s 90-day strategic review. Simon?s plans includes dramatically changing how the company?s board handles potential conflicts of interest, putting final touches on a new automated assembly line, and getting ready to tackle the second wave of cannabis legalization in Canada when edibles and concentrates will be sold in the country. Investors appear to have taken notice with Aphria shares up 25 per cent on the Toronto Stock Exchange since Simon joined the company on Dec. 27.


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