Retail

Cannabis company Aphria CEO says it may buy additional consumer brands

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Irwin Simon, the CEO of Canadian cannabis company Aphria, is looking for additional opportunities to acquire brands in the consumer products space, hoping to grow beyond cannabis.

“There’s many opportunities in the U.S. right now with food and drink and other consumer products, and I know about how to build consumer brands and parlay that into cannabis once legalization happens,” Simon said in an interview on CNBC’s “Closing Bell” Monday.

Simon previously founded the consumer products company Hain Celestial Group, which specializes in natural and organic food, beverages and personal care items. He stayed with the company for over 25 years, acting as its CEO and chairman.

“Not knowing when…



Source cnbc.com

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