April 4, 2017 / 9:21 PM / 6 months ago

BRIEF-Aphria launches U.S. expansion strategy

April 4 (Reuters) - Aphria Inc -

* Aphria launches US expansion strategy

* Aphria will invest $25 million into DFMMJ Investment Ltd

* Has agreed to licence Aphria Medical brand to Liberty, in exchange for perpetual 3% royalty on all sales of marijuana and related products

* Announces launch of its us expansion strategy through a strategic lead investment in an entity to be renamed Liberty Health Sciences Inc.

* As part of investment in Liberty, business combination, co to be entitled to appoint 2 nominees as board members to liberty’s proposed 5-person board Source text for Eikon: Further company coverage:

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