House Positions for C:ACB from 20190109 to 20190109

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
39 Merrill Lynch	270,119	1,832,033	6.782	124,415	842,868	6.775	145,704	-989,165
1 Anonymous	404,355	2,737,842	6.771	286,624	1,940,670	6.771	117,731	-797,172
90 Barclays	39,200	265,371	6.77	0			39,200	-265,371
13 Instinet	111,018	750,417	6.759	73,300	494,810	6.75	37,718	-255,607
80 National Bank	55,079	374,580	6.801	21,517	145,795	6.776	33,562	-228,785
99 Jitney	95,400	647,281	6.785	62,800	427,260	6.804	32,600	-220,021
28 BBS	4,005	26,994	6.74	20	135	6.75	3,985	-26,859
72 Credit Suisse	3,885	26,470	6.813	0			3,885	-26,470
143 Pershing	7,234	48,627	6.722	4,329	29,063	6.714	2,905	-19,564
36 Latimer	2,300	15,617	6.79	0			2,300	-15,617
57 Interactive	1,274	8,657	6.795	0			1,274	-8,657
68 Leede	1,000	6,805	6.805	0			1,000	-6,805
35 Friedberg	129	866	6.713	0			129	-866
73 Cormark	25,000	170,996	6.84	25,000	169,897	6.796	0	-1,099
65 Goldman	4,017	26,986	6.718	5,100	34,787	6.821	-1,083	7,801
48 Laurentian	0			2,000	13,570	6.785	-2,000	13,570
74 GMP	0			2,000	13,620	6.81	-2,000	13,620
33 Canaccord	50	340	6.80	3,354	22,951	6.843	-3,304	22,611
15 UBS	600	4,034	6.723	4,300	29,100	6.767	-3,700	25,066
101 SG Capital	0			5,000	34,105	6.821	-5,000	34,105
9 BMO Nesbitt	68,657	463,597	6.752	74,932	508,805	6.79	-6,275	45,208
76 Industrial Alliance	0			6,400	43,776	6.84	-6,400	43,776
53 Morgan Stanley	27,930	189,891	6.799	42,123	282,283	6.701	-14,193	92,392
7 TD Sec	328,628	2,225,224	6.771	346,127	2,348,654	6.786	-17,499	123,430
124 Questrade	26,852	182,159	6.784	47,234	319,072	6.755	-20,382	136,913
19 Desjardins	30,808	207,832	6.746	51,583	349,643	6.778	-20,775	141,811
88 Credential	15,771	106,311	6.741	54,140	367,366	6.785	-38,369	261,055
14 ITG	2,040	13,668	6.70	52,600	355,149	6.752	-50,560	341,481
79 CIBC	699,026	4,738,997	6.779	752,951	5,099,866	6.773	-53,925	360,869
85 Scotia	79,603	539,021	6.771	149,621	1,013,368	6.773	-70,018	474,347
2 RBC	105,146	711,050	6.763	211,656	1,435,053	6.78	-106,510	724,003
TOTAL	2,409,126	16,321,666	6.775	2,409,126	16,321,666	6.775	0	0

House Positions for C:CRON from 20190109 to 20190109

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	656,240	11,125,329	16.953	507,226	8,588,098	16.932	149,014	-2,537,231
1 Anonymous	494,262	8,396,787	16.989	366,100	6,216,667	16.981	128,162	-2,180,120
3 AltaCorp	50,000	857,662	17.153	0			50,000	-857,662
53 Morgan Stanley	45,500	772,912	16.987	2,310	38,759	16.779	43,190	-734,153
13 Instinet	53,800	912,894	16.968	30,782	519,498	16.877	23,018	-393,396
99 Jitney	81,900	1,385,962	16.923	67,600	1,144,974	16.937	14,300	-240,988
65 Goldman	5,218	88,274	16.917	300	5,133	17.11	4,918	-83,141
5 Penson	24,017	408,739	17.019	21,771	368,989	16.949	2,246	-39,750
15 UBS	1,110	18,792	16.93	100	1,717	17.17	1,010	-17,075
22 Fidelity	700	11,979	17.113	0			700	-11,979
76 Industrial Alliance	500	8,470	16.94	0			500	-8,470
90 Barclays	300	5,124	17.08	0			300	-5,124
14 ITG	127	2,160	17.008	0			127	-2,160
56 Edward Jones	0			108	1,853	17.157	-108	1,853
57 Interactive	3,410	57,904	16.981	3,605	61,159	16.965	-195	3,255
97 M Partners	0			300	5,130	17.10	-300	5,130
72 Credit Suisse	0			629	10,316	16.401	-629	10,316
143 Pershing	1,250	21,001	16.801	2,863	48,754	17.029	-1,613	27,753
74 GMP	0			2,000	34,190	17.095	-2,000	34,190
89 Raymond James	0			3,575	61,243	17.131	-3,575	61,243
88 Credential	3,148	53,656	17.044	7,020	120,091	17.107	-3,872	66,435
28 BBS	31,000	527,190	17.006	35,826	605,272	16.895	-4,826	78,082
33 Canaccord	0			5,917	100,209	16.936	-5,917	100,209
124 Questrade	9,488	161,204	16.99	15,477	262,941	16.989	-5,989	101,737
80 National Bank	35,512	596,950	16.81	42,330	709,829	16.769	-6,818	112,879
39 Merrill Lynch	88,044	1,497,296	17.006	104,726	1,781,788	17.014	-16,682	284,492
9 BMO Nesbitt	27,120	461,657	17.023	56,914	969,780	17.039	-29,794	508,123
19 Desjardins	4,301	72,827	16.933	61,050	1,036,031	16.97	-56,749	963,204
85 Scotia	36,300	611,394	16.843	101,616	1,729,191	17.017	-65,316	1,117,797
2 RBC	139,322	2,373,191	17.034	219,630	3,738,314	17.021	-80,308	1,365,123
7 TD Sec	74,482	1,258,288	16.894	207,276	3,527,716	17.019	-132,794	2,269,428
TOTAL	1,867,051	31,687,642	16.972	1,867,051	31,687,642	16.972	0	0

Aphria's Jamaica Weed Farm is "Thriving," Despite Short Sellers' Doubts

News for APHA

Alert Sent 2019-01-07 09:32:34 AM ET

Delivery preference: Immediate delivery

Market Chatter: Aphria's Jamaica Weed Farm is "Thriving," Despite Short Sellers' Doubts

2019-01-07 09:26:44 AM ET (MT Newswires)



09:26 AM EST, 01/07/2019 (MT Newswires) -- As Canadian pot producer Aphria Inc. (APHA.TO, APHA) tells it, a farm outside Kingston, Jamaica, where 300 marijuana plants "sit in manicured rows," is part of its growing portfolio of international assets, Bloomberg News reported in a feature published over the weekend.


But, Bloomberg noted, for two U.S. short sellers, the farm is one of the catalysts for an offensive that sent Aphria shares plunging in December. It noted Hindenburg Research and Quintessential Capital Management questioned the farm's existence and said Aphria overpaid for "largely worthless" assets in a three-country deal.


According to the report, the truth -- as, it claimed, was uncovered by a tour of the Jamaican countryside and the back streets of Buenos Aires by Bloomberg -- is "more nuanced." In the nascent world of global pot investing, Bloomberg said, assets can be "hard to document and even harder to value." Though, it added, "first mover advantage may hold big rewards."


Bloomberg noted Aphria acquired LATAM Holdings Inc. in a September deal that the Leamington, Ontario-based company valued at $193 million when it was announced and SOL Global Investments Corp., the seller, said was worth $298 million when it closed. The assets include Marigold Projects, a licensed Jamaican grower, a pharmaceutical distribution warehouse in Argentina and licensed farmland in Colombia.


In a separate report, Bloomberg noted Aphria reports results for the fiscal second quarter on Jan. 11. It said there will undoubtedly be plenty of questions on the conference call about the allegations from short sellers that it overpaid for "worthless" assets in Latin America. Aphria called the claims by Quintessential Capital Management and Hindenburg Research "malicious and self-serving."

Globe peels back covers on Aphria investor DeFrancesco

Globe peels back covers on Aphria investor DeFrancesco

Aphria Inc (C:APHA) 

Shares Issued 249,762,289
Last Close 1/4/2019 $8.07

Monday January 7 2019 - In the News

The Globe and Mail reports in its Saturday edition that in early December, short-sellers took aim at Aphria over a series of deals. A triple-bylined item led by Christina Pellegrini says that the short-sellers alleged that Aphria issued almost $300-million in stock to buy assets in Jamaica, Colombia and Argentina that have almost no value and that, even worse, the deals enriched investors with ties to Aphria. At the centre of those deals was the 48-year-old Andy DeFrancesco, a long-time deal-maker and trader who helped get Aphria started. Aphria has not yet released its promised point-by-point rebuttal of the short-sellers' lengthy report. That leaves Mr. DeFrancesco to defend himself and those apparently cozy deals. During his 26-year career on Bay Street,

 Mr. DeFrancesco said, he has hit some grand slams such as American Apparel, Dalradian Resources and Kahala Brands. When Mr. DeFrancesco joined Canaccord Genuity in 2001 and was in search of an investment-banking deal, he brought Yogen Fruz into the firm, he said. He has also run into trouble. The short-sellers seized on his mixed track record, highlighting his connections to defendants in a U.S. Securities and Exchange Commission action alleging a pump-and-dump scheme.

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