Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Aphria Inc. to sell stake in Arizona producer to Liberty Health

Aphria Inc. to sell stake in Arizona producer to Liberty HealthOntario-based medical cannabis producers Aphria Inc. (TSX:APH) (OTC:APHQF) and Liberty Health (CSE:LHS) (OTC:LHSIF) entered an agreement for Aphria to sell its minority interest in Arizona medical cannabis producer Copperstate Farms to Liberty for $20 million.

The deal reflects the companies opposite strategies regarding US assets: Aphria is divesting its US cannabis holdings, as Liberty is expanding them.

Copperstate owns approximately 39 acres of greenhouses in Snowflake, Arizona of which 8 acres are producing medical cannabis.

Aphria’s claims to be one of Canada’s lowest cost medical cannabis producers. Using greenhouses located in Leamington, Ontario, it is powered by sunlight, allowing for natural, low cost, cultivation of pharma-grade cannabis.

Liberty Health Sciences is an investor and operator in the Canada and U.S. legal medical cannabis market.  Liberty’s investment criteria aims for short and mid-term results and maximum returns for shareholders.

“The sale of Copperstate is a step in our continued efforts to…(sell)…our direct investment in a US cannabis business,” said Vic Neufeld, Chief Executive Officer of Aphria.

“This acquisition further demonstrates Liberty’s commitment to expanding its leadership position in the U.S. medical cannabis industry” said George Scorcis, Director and CEO of Liberty.

The Transaction is expected to close in the second quarter.

Source Liberty press release

Aphria Inc. to sell stake in Arizona producer to Liberty Health

About Cannin.com: Your Marijuana Stocks Resource

Cannin is your #1 resource for marijuana stocks. Our global team of experts evaluates all emerging marijuana stock investing opportunities. We aggregate hundreds of hours of research and provide tips on the best marijuana stock investments for 2020. 

Use Cannin as your resource for:

Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Many market analysts expect the legal marijuana industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in marijuana stocks is now. 

Are you interested in marijuana stocks like Curaleaf, Trulieve, Aurora Cannabis, or Charlotte’s Web,?

Are you looking to buy stock in marijuana companies for 2020? Interested in emerging penny marijuana stocks? Looking for the best Canadian marijuana stocks to invest in? We can help.

Predict price movements of marijuana stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • 108% Backtested since 2012

We’re so confident you’ll love our algotrading marijuana stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best marijuana stocks – we’ll show you how at cannin.com.

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Hemp Stocks to Buy