Aphria Inc. Announces Executive Appointments and Transition

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Press Release

Leamington, Ontario – May perhaps 14, 2019 – Aphria Inc. (“Aphria” or the “Business”) (TSX:APHA and NYSE:APHA) a major worldwide cannabis business today announced several new executive appointments including James Meiers to the function of Chief Operating Officer, Aphria Leamington, Tim Purdie as Chief Info Officer &amp Chief Info Safety Officer, and Maureen Berry as Vice President, Corporate Human Sources.  

The Company also announced that Jakob Ripshtein, Aphria’s President, will resign from the Business. Mr. Ripshtein will remain in his present function until June 7, 2019. His current responsibilities will be shared amongst the current senior leadership group.  

“On behalf of the Board of Directors and Aphria team, we thank Jakob for his contributions to the Business more than the previous year and want him properly in his future endeavors. He has been instrumental in assembling the unbelievable group we are fortunate to have now that will carry his responsibilities forward,” said Irwin D. Simon, Interim Chief Executive Officer of Aphria Inc. “I am extremely pleased to welcome Jim and Maureen to Aphria, and to market Tim. A top priority for us is to continue to develop our executive talent and culture.  We believe today’s appointments demonstrate our commitment to adding depth, knowledge and leadership to our group as we further advance Aphria’s strategic priorities in Canada and around the planet.” 

“At Aphria, we remain focused on creating extended-term shareholder worth by leveraging our strong brand positioning, superior distribution model, item innovation, industrial scale cultivation and automation, medical-use leadership, and our strategic global platform, which we intend to amplify using proceeds from the Company’s current US$350M providing,” continued Simon. “We are pleased to share that the ramp-up of our developing operations in Components IV and V at Aphria 1 are progressing smoothly and Aphria 1 is on-track to attain its annualized production capacity of 110,000 kilograms by the finish of 2019”  

Simon concluded, “We have great possibilities about the planet, which includes the current award of our cultivation license in Germany, as properly as in the U.S., exactly where we are thoughtfully moving forward with strategic priorities to be in a position to succeed as the U.S. market evolves” 

New Executive Bios 

James Meiers, Chief Operating Officer, Aphria Leamington: Mr. Meiers joins Aphria Inc. from The Hain Celestial Group, Inc., a major organic and organic items company with operations in North America, Europe, Asia and the Middle East, exactly where he was a Senior Executive. More than his 14-year tenure at The Hain Celestial Group, Inc., he held several executive roles including President Celestial Seasonings, Hain Celestial Individual Care, CEO Hain Pure Protein and Chief Provide Chain Officer of Hain Grocery &amp Snacks. He has more than 30 years of provide chain knowledge and common management for consumer-packaged goods corporations, which includes H.J. Heinz and Kraft Meals.

Tim Purdie, Chief Info Officer &amp Chief Info Safety Officer: With more than 30 years of knowledge prior to joining Aphria Inc., Mr. Purdie held successive executive leadership positions as Chief Operating Officer, Vice President &amp Chief Info Officer, Director, as properly as other senior management positions in properly-recognized international corporations such as Xede Consulting Group, Sandvine, Research In Motion (Blackberry) and OpenText. In addition, Mr. Purdie holds designations as Certified Info Safety Manager, Certified Provide Chain Experienced, Lean Six Sigma Black Belt, Master Project Manager, Certified Scrum Master, and Certified Rummler-Brache Process Improvement consultant. 

Maureen Berry, Vice President, Corporate Human Sources: Prior to joining Aphria Inc., Ms. Berry spent 15 years as the Corporate Human Sources Executive at Canada Health Infoway. She’s also held the roles of Vice-President, Human Sources for Certicom Corp., Vice-President of Human Sources for NRX International Corp. and Vice-President Human Sources Consulting for Mainstream Access Corp. She has worked at the national and international levels in structuring and managing human resource corporate and consulting functions. Her knowledge consists of consulting and expert solutions with Coopers and Lybrand/PwC as properly as with other firms in Canada. 

About Aphria Inc.

Aphria Inc. is a major worldwide cannabis business driven by an unrelenting commitment to our people today, the planet, product good quality and innovation. Headquartered in Leamington, Ontario – the greenhouse capital of Canada – Aphria Inc. has been setting the normal for the low-price production of high-quality cannabis at scale, grown in the most organic circumstances probable. Focusing on untapped possibilities and backed by the most up-to-date technologies, Aphria Inc. is committed to bringing breakthrough innovation to the worldwide cannabis marketplace. The Company’s portfolio of brands is grounded in expertly-researched customer insights created to meet the requirements of each and every customer segment. Rooted in our founders’ multi-generational experience in industrial agriculture, Aphria Inc. drives sustainable extended-term shareholder worth by means of a diversified strategy to innovation, strategic partnerships and worldwide expansion, with a presence in far more than 10 nations across five continents. 

For far more facts, visit aphriainc.com

For media inquiries please speak to:
Tamara Macgregor
Vice President, Communications
[email protected]
437-343-4000

For investor inquiries please speak to:
Katie M. Turner
ICR, Inc. 
[email protected] 
646-277-1228  

CAUTIONARY NOTE Relating to FORWARD-Seeking STATEMENTS: Particular facts in this news release constitutes forward-searching statements below applicable securities laws. Any statements that are contained in this news release that are not statements of historical truth might be deemed to be forward-searching statements. Forward searching statements are typically identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the unfavorable of these terms and comparable expressions. Forward-searching statements in this news release contain, but are not restricted to, statements with respect to internal expectations and future annualized production capacity. Forward-searching statements necessarily involve recognized and unknown dangers, which includes, devoid of limitation, dangers connected with common financial circumstances adverse sector events advertising and marketing fees loss of markets future legislative and regulatory developments involving cannabis inability to access enough capital from internal and external sources, and/or inability to access enough capital on favourable terms the cannabis sector in Canada commonly, earnings tax and regulatory matters the capability of Aphria Inc. to implement its enterprise methods competitors crop failure currency and interest price fluctuations and other dangers. Readers are cautioned that the foregoing list is not exhaustive. Readers are additional cautioned not to spot undue reliance on forward-searching statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will take place. Such facts, while regarded affordable by management at the time of preparation, might prove to be incorrect and actual final results might differ materially from these anticipated.  The forward-searching statements incorporated in this news release are created as of the date of this news release and the Business does not undertake an obligation to publicly update such forward-searching statements to reflect new facts, subsequent events or otherwise unless essential by applicable securities laws. Forward-searching statements contained in this news release are expressly certified by this cautionary statement. 



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