Aphria Completes First Two Wholesale Shipments

LEAMINGTON, ONTARIO--(Marketwired - April 1, 2015) - Aphria Inc. ("Aphria" or the "Company") (TSX VENTURE:APH) is pleased to announce that it has completed its first two wholesale shipments of medical marijuana, pursuant to the amendment of its license it announced last week.

"We have completed our first two commercial wholesale shipments of approximately 54,000 grams of medical marijuana," stated Vic Neufeld, President and Chief Executive Officer of Aphria. "We are excited to advance this next prong of our growth strategy as we believe that, based on our current cash costs, our secondary wholesale strategy will deliver gross margins in excess of fifty percent."

About Aphria

Aphria, a company continued under the laws of the Province of Ontario and based in Leamington, Ontario, is in the business of producing, supplying and selling medical marijuana pursuant to the Marihuana for Medical Purposes Regulations (the "MMPR"). Under the MMPR, Health Canada is responsible for the oversight of commercial medical marijuana growers such as Aphria. Aphria's common shares are listed on the TSX Venture Exchange under the ticker symbol "APH".

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