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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 gdown9on Oct 24, 2018 12:37pm
67 Views
Post# 28864517

Aphria Inc (OTCMKTS:APHQF) Sits in the Catbird Seat

Aphria Inc (OTCMKTS:APHQF) Sits in the Catbird Seathttps://mmjreporter.com/aphria-inc-otcmktsaphqf-sits-in-the-catbird-seat/

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That said, it stands to reason given balance sheet, growth, and diversification, as well as guidance and estimates about capacity of operations for 2019 – Aphria, for example, is a much, much bigger player than Tilray, and will be for years, and probably forever.
"
Aphria Inc (OTCMKTS:APHQF) pulled in sales of $13.3M in its last reported quarterly financials, representing top line growth of 117.2%. In addition, the company has a strong balance sheet,
with cash levels far exceeding current liabilities ($314M against nothing at all at this point).

Bullboard Posts