Dec 31 (Reuters) - Xanthic Biopharma Inc GGB.CD :
* GREEN GROWTH BRANDS REAFFIRMS COMMITMENT TO TAKEOVER APHRIA INC.
* GREEN GROWTH BRANDS REAFFIRMS APHRIA SHAREHOLDERS WILL MAINTAIN CONTROL OF PRO FORMA ENTITY, WITH ABOUT 60% OWNERSHIP
* GREEN GROWTH BRANDS - NOT A RELATED PARTY TO APHRIA
* GREEN GROWTH BRANDS - APHRIA DOES NOT OWN ANY SHARES OF CO, NOR DO ANY OF APHRIA'S DIRECTORS SIT ON CO'S BOARD
* GREEN GROWTH BRANDS - APHRIA CEO HAS "NO INFLUENCE OVER GREEN GROWTH "
* GREEN GROWTH BRANDS - INFORMAL RELATIONSHIPS THAT MAY EXIST SEPARATE FROM GREEN GROWTH'S BUSINESS DECISIONS, HAS NO RELATED PARTY INFLUENCE WITH APHRIA
* GREEN GROWTH BRANDS - APHRIA DOES NOT HAVE RELATED PARTY INFLUENCE OVER GREEN GROWTH
* GREEN GROWTH BRANDS - GREEN GROWTH SHAREHOLDERS TO HAVE ABOUT 34% OWNERSHIP INTEREST, WITH SUBSCRIBERS TO C$300 MILLION FINANCING ABOUT 6% OWNERSHIP INTEREST
* GREEN GROWTH BRANDS - HAS CONFIRMED SCHOTTENSTEIN FAMILY DOES NOT OWN APHRIA SHARES
* GREEN GROWTH BRANDS - OVER 10% OF APHRIA'S SHAREHOLDERS HAVE ALREADY INDICATED THEIR SUPPORT OF GREEN GROWTH'S OFFER
* GREEN GROWTH BRANDS - SHAWN DYM IS NOT A DIRECTOR ON GREEN GROWTH'S BOARD