Aphria Inc.'s Jamaican Subsidiary, Marigold, Receives Retail Herb House License

Sensi Medical Cannabis House is to open in Kingston, Jamaica.

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LEAMINGTON, ON, July 29, 2019 /CNW/ - PRESS RELEASE - Aphria Inc.has announced that its subsidiary Marigold Projects Jamaica Limited has received a retail Herb House license from Jamaica's Cannabis Licensing Authority (CLA) to open its first store in Kingston, Jamaica.

Sensi Medical Cannabis House will be located at the Peter Tosh Square, Unit #51, Pulse Center, 38a Trafalgar Road, overlooking the Peter Tosh Museum in New Kingston. The Cannabis House will have a smoking lounge for on-site consumption, high-end accessories for sale and feature Marigold proprietary strains of cannabis and brands called Sensi Gold.

"The approval of Marigold's first Herb House signals an exciting time for Aphria. We believe that there is tremendous opportunity in Jamaica from a domestic and international perspective and we look forward to bringing Sensi products to the market," said Irwin D. Simon. "Receiving this licence is testament to our team's hard work and dedication in growing our Caribbean and LATAM business as we provide high-quality cannabis products in regions. Aphria will continue to execute on our business plan to create long-term value, sales growth, and profitably in Canada and internationally."

Marigold Projects, a 49-percent owned subsidiary of Aphria Inc., holds a Tier 3 license to cultivate more than five acres of land with cannabis for medical, scientific and therapeutic purposes. Marigold Projects cultivation farm is fully operational, and inventory at opening will exceed 2,700 kilograms. The company maintains an additional 20 acres of vacant land in anticipation of expanding its cultivation operations, as well as a 10-acre farm in St Catherine.

Sensi Medical Herb House will have its official opening in August 2019. Marigold plans to open an additional four Cannabis Houses in Portmore, Ocho Rios, Montego Bay, and Negril, pending CLA license approval.