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

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Aphria Inc.

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Comment by jayjay2020on Mar 20, 2019 7:38pm

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Post# 29514151

RE:RE:RE:RE:One thing I want to point out

kingbear wrote: The Altria rumour was different bc the article only mentioned Aphria where as the Diageo one said Diageo 'is circling CDN LP's including Aphria and ACB" Also, Aphria was in advanced talks with Altria as said by Andy D himself. Aphria likely would have hit $30 if it wasn't for Vic's stupidity.

jayjay2020 wrote:

kingbear wrote: Well, it's not Aphria's job to squash a 'rumour'. The two companies have obviously been in talks, this was confirmed in the BNN report last year which started the Aphria rally from $10-$20. The fact that Diageo has not denied anything is what you should be concentrating on. Aphria can move quick, if a Diageo/Altria rumour moved Aphria to above $20, think what the real deal would do. I encourage the longs to have patience as hard as it may seem. I can't think of another LP that has more room to run than Aphria.

jayjay2020 wrote:
is APHA has yet to publicly deny to be in talks with Diageo. They have yet to squash the rumour publicly. This might be for two reasons 1. If they squash the rumour the SP will tank 2. the rumour is fact and they can't come out and say it is fact. It would jeopardize the relationship and a deal from happening So I say let's stay optimistic...

They did squash the Altria rumour when it got ahead of itself almost immediately https://www.proactiveinvestors.com/companies/news/206913/aphria-responds-to-talk-that-us-tobacco-giant-altria-group-is-looking-to-take-a-stake-in-the-canadian-cannabis-grower-206913.html There has never been a real response to the Diageo rumour