Aphria Inc fka APHA

[Goodbuddy4863]

Great News for Aphria:

In Canada’s rapidly growing cannabis industry, DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) is poised to become the preeminent craft Cannabis brand house in the Canadian adult-use Cannabis market.

On December 21, 2017, DOJA disclosed it had signed a binding Letter of Intent to acquire Tokyo Smoke (http://nnw.fm/UoY1c), an award-winning Canadian café company dubbed ‘the Starbucks of Cannabis’ (http://nnw.fm/0UOla). Under the terms of the agreement, DOJA will acquire all of the issued and outstanding shares of Tokyo Smoke, creating an emerging company with the proposed name, Hiku Brands Company Ltd.

Tokyo Smoke, recently named Brand of the Year at the Canadian Cannabis Awards, is a lifestyle label that blends elements of cannabis culture with Japanese influences. The company has six brick-and-mortar cafes in Toronto and Calgary, which offer coffee, tea, juice and snacks along with a variety of cannabis accessories.

The DOJA merger with Tokyo Smoke is bolstered by funding from Aphria, Inc. (OTCQB: APHQF), (TSX: APH), which will inject C$10 million in equity into the combined company and Aphria will also enter into a supply agreement for cannabis concentrates with Hiku. Aphria, ??recognized as one of Canada's lowest cost producers, is the first medical cannabis producer licensed under Access to Cannabis for Medical Purposes Regulations (ACMPR) to report positive cash flow and positive earnings from operations in consecutive quarters. Aphria recently announced (http://nnw.fm/j3OJn) receipt of a Dealer’s License pursuant to the Controlled Drugs and Substances Act under Health Canada, which authorizes it to possess, sell and transport medical cannabis oil and resin to international markets. The news has pushed Aphria’s stock up over C$22 per share with a market cap of nearly C$3.5 billion.

Aphria’s investment in Hiku gives them a stake in British Columbia's premium cannabis market, though Aphria’s financial interest will go beyond being a passive investment. In what is expected to be a supply-constrained market at the onset of legalization, Hiku’s agreement with Aphria will increase Hiku’s accessibility to product (http://nnw.fm/7ZUDo).

The DOJA-Tokyo Smoke deal has the potential create a highly differentiated Canadian craft cannabis label that has significant ??national retail presence and a growing portfolio of premium cannabis lifestyle brands including DOJA, Tokyo Smoke, and Van der Pop. The combined entity, Hiku, will have seven operational, legal cannabis accessory stores in Alberta, British Columbia, and Ontario, ??representing an unrivalled platform to build brand awareness and reach consumers and will prioritize retail expansion in provinces ??allowing private cannabis retail. Post-merger, Hiku is expected to have a cash balance of approximately C$31 million, which the company ?plans to invest in scaling up production capacity, expanding its retail and global footprints, and further build-out of its portfolio ??of cannabis brands.

DOJA also operates a cannabis production facility in British Columbia's Okanagan Valley. The company is now building a new ??production facility, FUTURE LAB, to be located in Kelowna, British Columbia, which will support production capacity in excess of 5,000 ??kg per year. DOJA also operates the Culture Café, located on Kelowna's busiest street, which serves as a cannabis information center ??that generates brand awareness. Late last year, DOJA announced that its wholly owned subsidiary, Northern Lights Marijuana Company, a licensed cannabis producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR), had successfully completed its initial cannabis harvests and had requested a Pre-Sales License Inspection from Health Canada (http://nnw.fm/6KF4o). The Pre-Sales License Inspection is the last step prior to the issuance of a Sales License under the ACMPR.

DOJA (the name is slang for cannabis) has emerged as a producer of high-quality product, supported by grow rooms equipped with equipment from Surna Inc., cultivation experts and agricultural engineers, and fitted with ductless air handlers, commercial-grade dehumidifiers, in addition to bio-security products using photo-catalytic reaction that sanitizes the air and minimizes breakouts of pests, pathogens and mold.

Trading at C$3.50 on the Canadian Securities Exchange with a market cap of C$214 million, DOJA is pacing its potential alongside some of the industry’s leading players.

$$ APHQF $$