it lost $361 million for the quarter ended Feb. 28 compared with a profit of $5.7 million in the same quarter a year earlier.
The company says the quarter included an unrealized loss of $264.8 million related to convertible debentures compared with a gain of $23.1 million a year ago. On an adjusted basis, Aphria says it lost $47.9 million or 15 cents per share for the quarter compared with an adjusted loss of $9.8 million or four cents per share in the same quarter last year.Aphria shareholders are set to vote Wednesday on a plan to merge with Nanaimo-based rival Tilray Inc.
If the deal is successful the new company will operate under the Tilray name with Aphria chief executive Irwin Simon at the helm.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: