Aphria Inc. CEO Calls on Cannabis Companies to Disclose, Improve Cash Costs

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Aphria Inc. CEO Calls on Cannabis Companies to Disclose, Improve Cash Costs

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The chief executive of licensed marijuana producer Aphria Inc. is calling on his competitors to disclose and reduce their production costs well in advance of the coming legal recreational market.

Vic Neufeld said other CEOs of licensed producers need to clearly articulate how they plan to rein in millions of dollars of operating expenditures per quarter to a level that will be more sustainable when prices drop in the soon-to-be-legal recreational market.

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