Contact iiroc Surveillance

Market Surveillance (All other markets)

surveillance@iiroc.ca

Investors are encouraged to direct all general questions, including inquiries about making a complaint, to our dedicated Complaints & Inquiries team toll-free at 1-877-442-4322 or email us at InvestorInquiries@iiroc.ca. IIROC records all calls to and from Complaints & Inquiries team telephone lines.

More information is available in our Investors section of the website which has a special section on 
Click Here To Make A Complaint

Learn more about our Whistleblower service.

Contact This Regulator And Complain- They MUST Review This Stock

Toronto image: http://www.iiroc.ca/Style%20Library/IIROC/images/121_king.gif  - Head Office Suite 2000, 121 King Street West Toronto, Ontario, M5H 3T9 Tel: 416-364-6133 Toll free: 1-877-442-4322 Fax: 416-364-0753 Enforcement Matters Only: Fax 416-364-2998 Montral  image: http://www.iiroc.ca/Style%20Library/IIROC/images/525avenueVigerOuest.gif 525 Viger Avenue West, Suite 601 Montral, Quebec, H2Z 0B2 Tel: 514-878-2854 Fax: 514-878-3860 Enforcement Matters Only: Fax 514-878-6324  Calgary 255-5th Avenue S.W. Suite 800, Bow Valley Square 3 Calgary, Alberta, T2P 3G6 Tel: 403-262-6393 Fax: 403-265-4603 Enforcement Matters Only: Fax 403-234-0861 Vancouver Suite 2800 - Royal Centre 1055 West Georgia Street Vancouver, B.C. P.O. Box 11164  V6E 3R5 Tel: 604-683-6222 Fax: 604-683-3491 Enforcement Matters Only: Fax 604-683-6262 Investors are encouraged to direct all general questions, including inquiries about making a complaint, to our dedicated Complaints & Inquiries team toll-free at 1-877-442-4322 or email us at InvestorInquiries@iiroc.ca. IIROC records all calls to and from Complaints & Inquiries team telephone lines. More information is available in our Investors section of the website which has a special section on Making a Complaint. Learn more about our Whistleblower service. If you have comments or questions about our website, please let us know at Webadmin@iiroc.ca. For queries for a specific IIROC department, please email the appropriate address below : Department Department Address Corporate Secretary secretary@iiroc.ca Enforcement enforcement@iiroc.ca Finance & Administration finance@iiroc.ca Financial & Operations Compliance financialcompliance@iiroc.ca Human Resources humanresources@iiroc.ca Member Education Services memberservices@iiroc.ca Public Affairs publicaffairs@iiroc.ca Registration registration@iiroc.ca Member Regulation Policy memberpolicy@iiroc.ca Market Regulation Policy marketpolicy@iiroc.ca Market Surveillance (TSX Venture and CSE) prwest@iiroc.ca Market Surveillance (All other markets) surveillance@iiroc.ca Trading Conduct Compliance tradingconduct@iiroc.ca Business Conduct Compliance businessconduct@iiroc.ca

Anonymous Nets $141,263,544.00 In 2 Months Selling Aphria

-->

Date Start	Date Finish	Anonymous#1	Share Buys	Buy $$$	AVG Price
13/04/2018	12/05/2018	1 Anonymous	28,332,470	$306,533,467.00	10.819
14/05/2018	30/05/2018	1 Anonymous	21,371,511	$263,053,744.00	12.309
31/05/2018	31/05/2018	1 Anonymous	1,182,591	$13,580,188.00	11.483
01/06/2018	13/06/2018	1 Anonymous	20,568,671	$246,232,086.00	11.971
13/04/2018	13/06/2018	Anonymous#1	71,455,243	$829,399,485.00	11.6455
			Share Sells	Sells $$$	AVG Price	NET SOLD	NET $ GAINED
			33,561,062	$361,346,206.00	10.767	-5,228,592	$54,812,739.00
			25,266,355	$310,775,836.00	12.3	-3,894,844	$47,722,092.00
			1,673,419	$19,218,304.00	11.484	-490,828	$5,638,116.00
			23,359,829	$279,322,683.00	11.957	-2,791,158	$33,090,597.00
			83,860,665	$970,663,029.00	11.627	-12,405,422	$141,263,544.00

The silent killer of cannabis stocks...Dilution

Interesting

The silent killer of cannabis stocks

However, all of these risks are well known and readily visible. There's one potentially silent killer which could wreck marijuana stocks that investors seem completely unaware of -- dilution.

The legal marijuana industry isn't particularly profitable, save for a handful of the larger players in the Canadian market that have managed marginal profits as a result of medicinal cannabis sales. This means cash flow for most pot stocks is either marginally positive or negative. For those that are rapidly expanding their growing capacity organically or through acquisitions, cash flow is most decidedly negative. Therefore, in order to generate the capital needed to expand growing capacity, marijuana stocks in Canada have been turning to bought-deal offerings.

Source

APH Insider Transactions Buy/Sell And New Cheaper Stock Options

-->

Filing Date	TransDate	Insider Name	Ownership Type	Securities	Nature of transaction	Volume
Jun 6/18	May 31/18	Waddington, Philip	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-16,000
Jun 6/18	May 31/18	Waddington, Philip	Direct Ownership	Options	38 - Redemption, retraction, cancellation, repurchase	-30,000
Jun 6/18	May 31/18	Staudt, Dennis Joseph	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-16,000
Jun 6/18	May 31/18	Staudt, Dennis Joseph	Direct Ownership	Options	38 - Redemption, retraction, cancellation, repurchase	-35,000
Jun 6/18	May 31/18	Dym, Shawn	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-16,000
Jun 6/18	May 31/18	Dym, Shawn	Direct Ownership	Options	38 - Redemption, retraction, cancellation, repurchase	-48,000
Jun 6/18	May 31/18	Persofsky, Renah	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-16,000
Jun 6/18	May 31/18	Persofsky, Renah	Direct Ownership	Options	38 - Redemption, retraction, cancellation, repurchase	-48,000
Jun 6/18	May 31/18	Caciavillani, Cole	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-35,000
Jun 6/18	May 31/18	Cervini, John	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-35,000
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	Volume or Value
Jun 8/18	Jun 1/18	Merton, Carl	Direct Ownership	Options	50 - Grant of options	50,000
Jun 8/18	Jun 1/18	Cervini, John	Direct Ownership	Options	50 - Grant of options	50,000
Jun 8/18	Jun 1/18	Caciavillani, Cole	Direct Ownership	Options	50 - Grant of options	50,000
Jun 8/18	Jun 1/18	Neufeld, Victor	Direct Ownership	Options	50 - Grant of options	100,000
Jun 8/18	May 31/18	Persofsky, Renah	Direct Ownership	Deferred Share Unit	97 - Other	694
Jun 8/18	May 31/18	Dym, Shawn	Direct Ownership	Deferred Share Unit	97 - Other	694
Jun 8/18	May 31/18	Waddington, Philip	Direct Ownership	Deferred Share Unit	97 - Other	694
Jun 8/18	May 31/18	Staudt, Dennis Joseph	Direct Ownership	Deferred Share Unit	97 - Other	694
Jun 6/18	May 31/18	Waddington, Philip	Direct Ownership	Deferred Share Unit	38 - Redemption, retraction, cancellation, repurchase	-16,000
Jun 6/18	May 31/18	Waddington, Philip	Direct Ownership	Options	38 - Redemption, retraction, cancellation, repurchase	-30,000