Connect with us

Business

Aphria Inc (OTCMKTS:APHQF) Enters Into Strategic Deal With Local Grower

Published

on

Aphria Inc

Aphria Inc (OTCMKTS:APHQF) has entered into a strategic relationship with Double Diamond Farms, a local greenhouse cultivator, to offer an additional 120,000 kgs of yearly cannabis production. The agreement accelerates company’s capacity increase by more than a year versus constructing its current 100-acre site.

The buzz

Together with Aphria’s current projected cannabis production of 100,000 kgs, the company will have, what it considers to be, the largest fully supported production capabilities in the market next year. The company projects that all 220,000 kgs of anticipated yearly cannabis production will be offered for sale in next January, pending Health Canada approvals.

Vic Neufeld, the Chief Executive Officer of Aphria, reported that since the company’s journey started in 2014, a major pillar to the company’s success story has been their unwavering commitment to supported by the sun, and nowhere is that increasingly effective than in Leamington, where average daily sunlight hours, moderate climate and intensity of optimum lighting offers for ideal greenhouse growing.

Building on their Leamington benefits, he is extremely delighted to report that Aphria has finalized another deal of Dutch greenhouse site in the Leamington area. Associating with Double Diamond, a key local greenhouse cultivator, Aphria will have access to nearly 32 acres plus 72,000 of infrastructure to service and a future build of additional 32 acres. Double Diamond marks as an industry-recognized pioneer in growing several produce utilizing the greenhouse technology developments, and offers solid talent and a labor pool required to support the yearly incremental capacity of more than 120,000 kgs.

Owners of Double Benji Mastronardi and Diamond Chris are delighted to have the chance to pair Double Diamond Farms’ cultivation experience with Aphria’s sales expertise and growing experience. Chris Mastronardi, the CEO of Double Diamond, expressed that it made their decision to associate with Aphria an easy choice.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

BRANDS

DETAILS

SCORE

PRODUCT SITES

  • Certified Organic
  • Made In U.S.A
  • Purity Promise
  • Price From $49

9.8

30% OFF Today! “30 0FF”

  • All Natural
  • Made In U.S.A
  • Lab Tested
  • Price From $69

9.7

  • All Natural
  • Made In U.S.A
  • Dissolvable Oral
  • Price From $99

9.6

  • All Natural
  • Made In U.S.A
  • Oral Mist
  • Price From $39

9.5

BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Purity Promise
  • Price From $49
SCORE

9.8

PRODUCT SITE
BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Lab Tested
  • Price From $69
SCORE

9.7

PRODUCT SITE VIEW PRODUCTS
BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Dissolvable Oral
  • Price From $99
SCORE

9.6

PRODUCT SITE VIEW PRODUCTS
BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Oral Mist
  • Price From $39
SCORE

9.5

PRODUCT SITE VIEW PRODUCTS
Advertisement

Symbol        Alert        High        Gain

 

  VBIO          $0.67       $4.10      500%

  IMLFF        $0.11       $0.57      400%

  CMXC        $0.25       $0.45      80%

  REPCF       $0.54       $0.79      48%

 

Get Your Latest Winner Delivered to Your Inbox!

FREE

For The Next 48 Hours

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement