Aphria secures CA$100 million injection from anonymous investor

Canadian cannabis producer Aphria said Friday it has entered into an agreement with an institutional investor for a strategic investment worth 100 million Canadian dollars ($76 million). Chief Corporate Affairs Officer Tamara Macgregor told Marijuana Business Daily the investor requested to remain anonymous. The investor agreed to purchase just over 14 million Aphria units at CA$7.12 apiece. […]

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5 of the Most Cash-Rich Cannabis Stocks

Over the long run, the marijuana industry is expected to show a lot of promise. Various Wall Street forecasts suggest that worldwide legal weed sales can grow from $10.9 billion in 2018 to anywhere between $50 billion and $200 billion in about a decade’s time. That’s growth that Wall Street and investors would be foolish […]

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