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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 07, 2019 10:35am
83 Views
Post# 29719324

RE:RE:Irwin does have a US play

RE:RE:Irwin does have a US play
tornandfrayed wrote: I think there is def something happening with LHS and Shottenstein family via GGB but not sure APHA has any interest in Ohio since they divested all LHS connection. Unless I am missing something. From this article below...looks like the licences are not official yet...

TORONTOOct. 18 2018 /PRNewswire/ - Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIFwww.libertyhealthsciences.com ("Liberty" or the "Company"), a provider of high quality cannabis, announced today that they have been awarded a Processor provisional license by the Ohio Department of Commerce. Liberty, along with their Ohio-based joint venture partner, the Schottenstein Group, will work on securing a Certificate of Operation over the next several months. The Processor provisional license follows the awarding of the Provisional dispensary license in June 2018 in the city of DaytonLiberty owns 50.1% of both the Processor provisional license and the Provisional dispensary license with the Schottenstein Group owning the remaining 49.9%.

I was not able to find anything on the ohio gov't website...maybe it's pending.   https://www.medicalmarijuana.ohio.gov/cultivation

 

 
I beleive that the APHA / LHS relationship is stil intact even though APHA divested in LHS.  LHS still carries all of APHA brands.  I think Schottensteins will buy out APHA and LHS when full legalization happens in the US.  I beleive that the Schottensteins in the meantime bought the $300M debenture as a security that when legalization in the US happens they will cash in on the debenture and own some of APHA with the intention of going after the rest. I think the Schottensteins are pulling the strings in APHA.  I can't prove any of this but my gut tells me I am right. Who bought the debenture is what I want to know.  

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