The Week In Cannabis: Aphria Earnings, Canopy's Distribution Deal, And A Big ConferencePosted by On


This was an exciting week for the cannabis industry, marked by the ninth edition of the Benzinga Cannabis Capital Conference.

Benzinga’s last big cannabis event of 2020 took place virtually, featuring almost 100 speakers from all around the world. Read some of the key takeaways:

In other news, Aphria Inc. (TSX:APHA) (NASDAQ:APHA) achieved record gross revenue of CA$69.6 million in the first quarter. That’s up by 23% compared to the previous period. It was the Leamington, Ontario-based company’s sixth consecutive quarter of growth. 

“Our strong first-quarter results reflect the continued robust growth and development of Aphria’s adult-use cannabis brands in Canada,” explained chairman and CEO Irwin Simon. See the full results here. Following the results, Cantor Fitzgerald analyst Pablo Zuanic named Aphria his top stock pick among Canadian LPs.

Canopy Growth Corp. (NYSE:CGC) (TSE: WEED) announced a new distribution partnership with two major…

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