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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Post by Vinny57on Oct 22, 2018 2:41pm
326 Views
Post# 28850030

Very Unfortunate

Very UnfortunateIf we had continued to climb (on hype) from $20 to $24, a NYSE listing and a JV would have added 30% or so maybe taking the share price to $32ish.  BUT...we have now slipped back to $15. Only the leaders, the ones who move first, benefit. We should have been a leader. Somehow WEED,Tilray and others beat us to a U.S. listing even though that was OUR PRIORITY last year.  A U.S. listing is now expected or 'baked in' to the share price. It is not going to help. Just look at Aurora. They are listing NOW.  Only a joint venture of some sort will help us now and we will be lucky to get back to $20 in the short term. You feelin' bad?... I'm down 1/4 of a million today.....So far.
Bullboard Posts