Teri  reports 18 October 2019……Aphria interim CEO Irwin Simon worked a backroom deal to off load the providers stake in U.S. cannabis investments with Canadian mega million Michael Serruya before he took more than the CEO job at the Canadian marijuana organization.

According to text messages obtained by this reporter among Serruya and Irwin sent on the morning of Feb six, 2019, Michael Serruya took the lead in speaking for his loved ones and Andy Defrancesco to negotiate the value and timing of when Aphria ($APHA) would exit its stake in Liberty Wellness Science ($LHS).

In December 2018 the Toronto Stock Exchange, exactly where Aphria was listed, forced the organization to divest any stake in U.S. cannabis providers mainly because they sold solutions that had been illegal by federal law.

Study the complete report at

Did Aphria’s Irwin Simon give Selective Disclosure to investor Michael Serruya? $APHA $LHS


I’m a qualified monetary investigative journalist who has written for the Greenwich Time, Hearst CT Newspapers, Forbes Magazine, Fortune.com, The Atlantic.com, New York Magazine, New York Post, Trader Month-to-month, Housingwire, ML-Implode, The Business enterprise Insider, Lengthy Island Business enterprise News, Dealbreaker, New York Observer, Bitcoin Magazine, DealFlow Media, SIRF.org and extra. For the final 5 years I have been a contributing reporter for Industry Nexus Media who publishes a monetary trade publication named Development Capital Investor.

I earned my breaking/investigative news chops reporting throughout the monetary crisis in 2008 for the Sunday edition of the New York Post. I was one particular of the very first to report on the missteps at IndyMac that lead to government investigations and lawsuits against the banks founders. Caught hedge funds like Carrington Capital abusing investors with no disclosing conflicts of interest with senior RMBS bond holders they had been sued by Wilbur Ross for Civil RICO. I exposed Bear Stearns misleading their personal investors and monoline insurers on the high-quality of the loans in their mortgage-backed securities, which led to a fraud lawsuit against JP Morgan/Bear Stearns and the $13 billion settlement with the DOJ in 2013. Considering the fact that 2010 many Wall Street firms, that my reporting warned about very first, have been [JP Morgan, SpongeTech, Security Savings Bank, SAC Capital, Palm Beach Capital Management, New Stream Capital, NIR Group/Cory Ribotsky, Bear Stearns RMBS Traders, Mike Perry IndyMac CEO, Steven Muehler and the Nanocap MarketPlace, Barry Honig and The Frost Group] investigated or charged for monetary violations by the FBI/SEC/State AG or shut down by bank regulators.

The Huffington Post named me the quantity 3 most harmful monetary journalist for getting prepared to challenge the establishment and inform readers finest. I’m functioning on trade-marking “Smashmouth Journalism”

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