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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 stupedasoon Jan 23, 2019 2:53pm
55 Views
Post# 29272103

RE:BNN Negative Attitude Toward Cannabis Sector

RE:BNN Negative Attitude Toward Cannabis SectorYeah they always have been negative (see the title of the video below - helps gets clicks i guess), but especially the leprechaun. 

The link below from this morning is a good watch.
He has both APHA and GGB stocks so he is neutral.

Of note he says CDN assets of APHA worth $12-14 on their own, so a lowball opportunistic offer
The offer is a start of a process of others looking into doing the same, which is what PROF has been alluding too
Which in turn he thinks APHA wont exist as a company in 6 months because of this process.


https://www.bnnbloomberg.ca/video/would-be-surprised-if-aphria-exists-in-six-months-purpose-investments-greg-taylor~1593557

DrFill wrote:
Is it just me, or did I not get a strong sense from watching this morning's BNN girls' report on the Green Growth Aphria takeover bid, that the attitude of BNN folk is quite negative toward pot stocks. Seems they relish any negative-looking angle they can bring up.

It's like the New York debutante trying to socialize with her sister's new hippie boyfriend, and it's not hard to tell she's not impressed.


Bullboard Posts