Cannabis firm Aphria reports $108M third-quarter loss amid spike in revenue

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By Armina Ligaya The Canadian Press Mon., April 15, 2019 Shares of Aphria Inc. plunged after the cannabis company swung to a quarterly loss, took an impairment charge related to its Latin America operations and announced that Green Growth Brands had dropped its hostile takeover offer. Although Leamington, Ont.-based pot producer saw net revenue soar to $73.8 million during its third quarter ended Feb. 28, it posted a net loss of $108.2 million.

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