APHA Canadian marijuana producer Aphria says CEO to step down

Alert Sent 2019-01-11 07:21:41 AM ET

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Canadian marijuana producer Aphria says CEO to step down

2019-01-11 07:19:04 AM ET (Reuters)


Jan 11 (Reuters) - Cannabis producer Aphria Inc said on Friday Chief Executive Officer Vic Neufield would step down from his position in the coming months.

The company, which recently received an all-stock hostile bid from U.S. cannabis retailer Green Growth Brands Ltd , said total revenue more than doubled to C$21.7 million ($16.4 million). ($1 = 1.3201 Canadian dollars) (Reporting by Laharee Chatterjee in Bengaluru Editing by Saumyadeb Chakrabarty)