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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
Comment by Texanadianon Dec 07, 2018 2:27pm
91 Views
Post# 29083873

RE:$100000 Class Action Lawsuit

RE:$100000 Class Action Lawsuit
The parameters around this lawsuit are very limited. It would suggest that it is for individuals who purchased APHA just because of the LATAM deal.

Am I wrong in thinking they will be hard pressed to find enough investors that fit that criteria to create a class for legal action?
Like really, that is the reason you chose to invest in this company?

Even if they do gather enough investors to begin a class action, the pool is so small that any judicial award will be very limited. Legal firms go after these class actions to amass legal fees, but they need a big enough pool to make it worth their while.

I think February 4 comes up fast, and they do not have enough to proceed with any action.

eom
Bullboard Posts