Aphria CEO says company had ‘great’ quarter despite reduced demand

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CNBC Television published this video item, entitled “Aphria CEO says company had ‘great’ quarter despite reduced demand” – below is their description.

Aphria CEO Irwin Simon joins ‘Closing Bell’ to discuss the reduced demand for cannabis in Canada as pandemic lockdowns hit sales. The stock is still up double digits so far this year, despite today’s losses.

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    Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

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    Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

    As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.

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