Wednesday, July 2, 2025

Aphria on Promised Line-By-Line Rebuttal: Neufeld’s Responsibility, Not Ours

Marketwatch put out an article on Aphria Inc (TSX: APHA) (NYSE: APHA) this afternoon, outlining the current status of the company. In particular, it leveled with readers on the status of Aphria’s claimed line-by-line rebuttal, promised by ex-CEO Vic Neufeld following the short report by Hindenburg Research.

After reaching out to a company spokesperson, in short, Aphria stated that the rebuttal was promised personally by Vic Neufeld, who at the time was CEO and Chairman, and not by Aphria itself. Thus, it has no obligation to issue the response.

Despite dozens of media reports of the company’s promise, an Aphria spokeswoman denied that the company had promised investors that it would issue a line-by-line rebuttal to the short seller claims. Ex-CEO Neufeld made the promise of a rebuttal and not the company, she said.

While an odd response by the firm, it explains Aphria’s silence on the matter. Clearly, investors are not expecting a response from the company at this point in time, given that it has been nine months since the report was initially released and there’s little need to reopen old wounds. However, the lack of a response despite statements made by the firm (or ex-CEO) has notably had an affect on the current equity.

Aphria is currently trading at $6.94 on the New York Stock Exchange.


Information for this briefing was found linked sources, Sedar and Aphria Inc. The author has no position and has no affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

PI Financial Raises Aphria’s Price Target To $11.00

On Wednesday, Aphria Inc (TSX: APHA) (NASDAQ: APHA) announced that it had entered an agreement...

Sunday, November 8, 2020, 04:20:00 PM

Village Farms: Raymond James Speculates On Acquisition By Canopy Growth

This morning, Raymond James sent out a note to investors giving a scenario analysis where...

Thursday, December 24, 2020, 12:18:23 PM

Canaccord: Aphria Estimated To Post 16% Increase In Recreational Sales In Q1 2021

This morning, Canaccord Genuity’s analyst Matt Bottomley released the firms fiscal first-quarter forecasts for Aphria...

Wednesday, October 14, 2020, 11:53:00 AM

Aphria Diamond Receives Cultivation License

It’s finally happened. Aphra Inc’s (TSX: APHA) (NYSE: APHA) Aphria Diamond facility has finally received...

Friday, November 1, 2019, 05:23:47 PM

Saturated: The Canadian Cannabis Production Landscape

The Canadian cannabis landscape, in a word, is saturated. Despite the best intentions of sector...

Sunday, November 3, 2019, 09:00:16 AM