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Green Growth’s CEO Dismisses Doubts About Bid for Aphria: Q&A

  • U.S. pot retailer responds to criticism from short-seller
  • Says he didn’t know Aphria had invested in Green Growth
Operations Inside The Tweed Inc. Production Facility As Trudeau Win Signals Gains For Marijuana Stocks
Photographer: James MacDonald/Bloomberg

Green Growth Brands Ltd., which owns one cannabis retail store in the U.S., has made a C$2.8 billion ($2.1 billion) unsolicited takeover offer for Aphria Inc., one of Canada’s largest pot producers. Short-seller Hindenburg Research, which has previously targeted Aphria, immediately called the bid “non-credible” and raised questions about connections between the two companies.

Green Growth Chief Executive Officer Peter Horvath responded by phone Friday to some of those doubts. His comments have been edited and condensed.