Aphria Signs Letter of Intent for Exclusive Supply Agreement with Insumos Medicos, S.A. to Supply Medical Cannabis in Paraguay

Aphria Inc. (TSX: APHA and NYSE: APHA) today announced that it has signed a Letter of Intent with Insumos Medicos S.A., a Paraguayan pharmaceutical manufacturing, import and distribution company, to enter into an exclusive supply and distribution agreement to provide medical cannabis in Paraguay.

5 Cannabis Headlines Investors Need To Know

Yesterday, the cannabis sector traded lower on average while the overall market traded higher and this comes after some significant developments were announced.

The cannabis sector is the world’s fastest growing industry, and this has caught the attention of multi-billion-dollar companies. Although the cannabis sector offers significant opportunity, it also offers significant risk and today, we have provided an update on 5 cannabis companies that we have been monitoring.