Page 50 - Irwin Simon News Today

Our guide to some of the in-house venture-capital funds operated by the worlds major packaged-food companies. 14 Jan 2021 US food group Hain Celestial has continued its programme of divestments with the sale of a UK fresh produce business. 22 Dec 2020 Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during a year like no other. ...

Operator Good morning. My name is Denise, and I will be your conference operator today. At this time, Id like to welcome everyone to the Aphria Inc. Q2 quarterly investors call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session for analysts and/or investor firms only. [Operator instructions] Thank you. Ms. Tamara MacGregor, you may begin the conference. Tamara MacGregor -- Chief Corporate Affairs Officer ...

Author Bio Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead. What happened Shares of some Canadian cannabis stocks are moving in different directions ...

Canadian cannabis stock Aphria popped Thursday morning after the company posted better-than-expected revenue for its November quarter. The company (ticker: APHA) reported a net loss of 120.6 million Canadian dollars (US$95 million) or 42 Canadian cents per share. Its adjusted earnings, which excludes non-recurring items like losses on convertible debentures and share-based compensation, hit one Canadian cent per share. Aphria’s sales appeared to a main focus for investors, however. N...

Some good news from Aphria and HEXO has Aurora Cannabis moving in sympathy.

Through U.S. ballot questions, five states — Arizona, New Jersey, South Dakota, Mississippi and Montana — also recently voted in favour of legalizing recreational or medical cannabis. Simon is positioning Aphria to take advantage of these developments with scalable infrastructure it got its hands on through a $300-million US acquisition of Atlanta-based SweetWater Brewing Co. in November. Healthy majority of Americans favour legalization Sweetwater has also given Aphria access to a network ...

Aphria Inc. chief executive Irwin Simon is seeing green as Democrat Joe Biden prepares to be sworn in as president of the United States next week.Simon said Thursday that he has his sights set on the. . .

By Reuters Staff 2 Min Read (Reuters) - Aphria Inc posted an adjusted profit on Thursday compared to year-ago loss, as demand for cannabis and pot products surged during the coronavirus-led lockdowns, sending shares to their highest in more than two years. Aphria’s Canada-listed stock rose 14.1%, while the U.S.-listed shares jumped 17.3%, as the company posted its seventh consecutive quarter of adjusted core profit. The results come on the heels of Democrats securing control of the U.S. Senat...

Jan 12, 2021 09:10 pm By Chloe Aiello Share with After the tremendous political strides the cannabis industry made in 2020, 2021 has a lot to live up to. Experts and insiders agree the coming year could have a lot in store for the maturing cannabis industry, from acceleration of M&A and funding in the capital markets to continuing momentum toward legalization on the state level. TRENDS STRATEGIC M&A  Experts predict that shifting political preferences toward legalization in the U.S. and global...

Aphria, Tilray Deal Is a Bet on Euro Pot: Cannabis Weekly Bloomberg 12/20/2020 Tiffany Kary (Bloomberg) -- At first glance, Tilray’s deal with Aphria might look like a bid to create a Canadian heavyweight, or a move to gain a better foothold in the U.S. But as the Italians say, “dietrologia” -- the surface explanation is never the real one. Much of the logic, it turns out, is rooted in Europe. Tilray has a cultivation facility in Portugal, while Aphria has another in Ger...