VIDEO: Aphria Inc (TSE:APH) CEO Vic Neufeld on Altria Group Inc (NYSE:MO) Rumours
Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E) CEO Vic Neufeld addresses rumours that the company is in talks with Altria Group Inc (NYSE:MO), one of the world’s largest tobacco producers. Neufeld suggests that with the advent of legalization these types of rumours will increase, as there are a host of products with consumer profiles suitable to cannabis across many sectors. Neufeld discusses Aphria’s Q1 results, including an increase in revenue of 117 percent year-over-year and net income increases of more than 40 percent. Neufeld shares his thoughts on the suitability of pharma investment in the cannabis industry and notes that the difficulty of obtaining patents in the cannabis wellness space might be a barrier for big pharmaceutical companies. Neufeld talks about the possibilities and difficulties of a US uplisting for Aphria.
Original article: VIDEO: Aphria Inc (TSE:APH) CEO Vic Neufeld on Altria Group Inc (NYSE:MO) Rumours
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Source: https://midasletter.com/2018/10/aphria-inc-tseaphvic-neufeld-altria-group-inc-nysemo-rumours/
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