Share Price Drops as Investors Concerned about Lack of Cannabis Profits – LPC Tilray posted a larger-than-expected loss, though Tilray CEO Brendan Kennedy is not apologizing for a lack of cannabis profits. During Tilray’s second-quarter results announcement after the bell on August 13, Kennedy said spending must continue. “Once in your lifetime, if you’re lucky,…

After Bumpy Months, Aphria First LP to Post Cannabis Profits, But Questions Linger – LPC Aphria Inc. announced cannabis profits of $15.8 million for Q4, making it the first licensed producer to post a profit. The company said that its revenues were helped by its purchase of Germany’s CC Pharma for $60 million earlier this…