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Home Investments Press Releases Briefs

BRIEF: Aphria’s Malta-Based ASG Pharma Receives First Malta Import License

D.M.O. Newswire by D.M.O. Newswire
June 21, 2018
in Briefs, Europe, Malta, Marijuana Stocks

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New York, NY — June 21, 2018 — /D.M.O. Newswire/ — Aphria Inc.  (TSX:APH) (OTC:APHQF) (FRA:10E) announced that its Malta-based subsidiary ASG Pharma is the recipient of the first import license for medical cannabis issued by the Malta Medicines Authority.

Here’s What You Need to Know

  • Valletta, Malta-based ASG Pharma Ltd. has been a subsidiary of Aphria since February 26th, 2018.
  • Malta’s legislative and regulatory standards are extremely rigorous, making the license extremely valuable.
  • The license will allow ASG to import medical cannabis for analytical testing and research.
  • This is an important step that will enable ASG to become a cornerstone in testing, research and development of medical cannabis in Europe.
  • ASG currently operates a high-capacity EU GMP-certified lab.
  • ASG is currently undergoing a multi-million-euro upgrade of its processing and manufacturing capabilities that will result in its ability to process, extract package and label pharmaceutical-grade medical cannabis and cannabis derivative products.
  • Aphria intends to use the EU GMP-certified lab in Malta as a long-term processing, manufacturing and distribution hub for the entire European continent.

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Tags: Aphria Inc.ASG Pharma Ltd.FRA:10EGMP Certifiedimport licenselicensed producerMalta Medicines AuthorityOTC:APHQFTSX:APHVic Neufeld

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