Wednesday, November 7, 2018

Aphria and DCM Subsidiary Perennial Launch Joint Venture

Aphria and DCM Subsidiary Perennial Launch Joint Venture to Create Original, Consumer-Centric Brands Offering Cannabis-Infused Products

Joint venture partners Aphria's cannabis expertise with Perennial's international brand strategy experience

LEAMINGTON, ON and BRAMPTON, ON, Nov. 7, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA andNYSE: APHA) and Perennial Inc. ("Perennial"), a subsidiary of DATA Communications Management Corp. ("DCM") (TSX: DCM) are excited to announce they have closed the transaction announced on August 14 to establish a joint venture (the "JV") devoted to creating original, consumer-driven brands and products for the adult-use cannabis market.

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