Aphria receives conditional approval to graduate to the TSX

Aphria Inc. has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX.

“Graduating to the TSX represents yet another important milestone for Aphria as we continue our successful journey as one of Canada’s leading cannabis companies. This achievement comes on the heels of many other important milestones we’ve reached: first public LP to report consecutive positive quarterly operating results. First public LP to report consecutive quarters with net profits. First public LP to license its cultivation intellectual property. Diversification with non-cultivation assets. Low cost producer status” said Vic Neufeld, Chief Executive Officer of Aphria Inc.

Final approval of the listing is subject to Aphria meeting certain standard and customary conditions required by the TSX, to be finalized on or before a May 3 2017 deadline.