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Aphria Shares Trade Higher, CEO Will Step Down

M. Corey Goldman

The Globe and Mail first reported Thursday that Vic Neufeld would step down as CEO of Aphria amid questions about its deal-making and slumping stock price. Aphria confirmed on Friday that Neufeld and co-founder Cole Cacciavillani will transition out of their executive roles over the coming months. Thanks to their vision, energy and passion, Aphria has become a global player in an industry that didn't even exist five years ago," said Aphria Chair Irwin Simon.