Aphria Inc fka APHA

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Aphria to Triple Its Production Space as it Starts Part III Expansion

Fully funded project necessary to support expected near term demand

LEAMINGTON, ONTARIO–(Marketwired – Sept. 16, 2016) – Aphria Inc. (“Aphria” or the “Company”) (TSX VENTURE: APH) (OTCQB: APHQF) is pleased to announce that its Board of Directors approved a fully funded $24.5 million capital project as the first phase of its Part III expansion. The project will increase Aphria’s capacity under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) from 100,000 square feet to 300,000 square feet and is expected to increase the Company’s ACMPR compliant growing capabilities from 5,500 kgs annually to 18,000 kgs annually.

https://www.newcannabisventures.com/aphria-to-invest-24-5mm-to-boost-cannabis-production-capacity-to-18-million-grams/