Canada: Aphria acquires DiNiro Farms
As a condition of sale, DiNiro is entitled to continue to operate its greenhouse growing operations on the property until December 31, 2017. While continuing operations, DiNiro is responsible for all costs associated with the property but is occupying the property on a lease free basis.
"Together with the previously announced CF Greenhouse property acquisition of 36 acres, this additional 11 acres of property, to be incorporated into our master site plan, positions Aphria to be able to strategically capitalize on the anticipated demand that may be created by the legalization for recreational use legislation, which is expected to be tabled in the spring of 2017", said Vic Neufeld, Chief Executive Officer.
For more information:
Aphria Inc.
Vic Neufeld
President & CEO
1-844-427-4742
aphria.com