Companies in the portfolio represent holdings we may own or plan to buy.  Investing involves risk including the risk of principal you should consult with us or your adviser before investing.

Aphria is a Lemington Canada based (LP) Licensed Producer.  The company estimates 115 kg of cannabis production on an annualized basis from their grow facilities.  The company operates in over 10 countries by partnerships or joint ventures to sell cannabis and extracted oils.  The company is poised to benefit from an expected change in Canadian law to allow for consumable products such as edibles and oils in October 2019.  Irwin D. Simon has joined Aphria’s board of directors bringing his experience leading and growing the company Hain’s Celestial teas and beverages.

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