Emblem Corp. announced that it has entered into a five-year wholesale supply agreement with Aphria Inc. The Agreement will see Emblem purchase up to an aggregate of 175,000 kg equivalents of cannabis products from Aphria over a five-year term, with the opportunity for five-year renewals. Pursuant to the Agreement, Emblem will pay to Aphria an initial deposit comprised of a cash payment of $12,755,625 and the issuance of 6,952,169 common shares of Emblem. Commencing in May 2019, Aphria will provide Emblem with a mix of dried flower and crude cannabis oil to be processed at Emblem's Paris, Ontario facility. Emblem's team will work with Aphria's cultivation team to grow Emblem's proprietary strains at Aphria's Leamington, Ontario greenhouse.