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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 jayjay2020on May 03, 2019 12:15pm
77 Views
Post# 29707091

RE:RE:RE:BNN Article

RE:RE:RE:BNN Article
gottahunch wrote: Phones are ringing, that is good. But there may not be big news for awhile by the sounds of it.
jayjay2020 wrote:






Now, he adds, phones are ringing again in the office, especially from U.S. executives who want to partner with a more stable Aphria. But Simon notes he’s not in a rush to make a deal for the sake of it.

“I want to make sure when we pick the U.S. strategy, it's the right chemistry among the companies,” he said. “It's not about a stock trade. It's not about a press release. It's about how we create real value for shareholders.”



I think his primary focus up to now was to get the house in order.  He wants production to be the best in the market.  He wants to hit the $1B mark in Canada with profitability.  He wants to be number one in Canada for extraction and edibles. 

I think the US strategy comes in 6 months.  He knows he has the background and the contacts to enter the US with CPG products very quickly.  Canada needs to be profitable first. 
Bullboard Posts