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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 Oct 08, 2019 1:14pm
150 Views
Post# 30208021

RE:RE:Molytimes ( one of the cantalyst) post

RE:RE:Molytimes ( one of the cantalyst) post
greenup wrote: As I said earlier today, 90% of all weed companies in Canada will go bust within 24 months. no wonder things are falling apart, the guy next door sells more weed a month than alefia keys lol I'm glad we are out
jayjay2020 wrote: "Given Aleafia's take was to be 2,700 kgs/mo in 2019 alone - and they're currently selling 125kg/mo, in what kind of alternate universe would see this deal stay intact? There's no way $ALEF could have held to the agreement and stayed solvent."


Could it be Alefia had to get out as they just don't have the sales or money to stay afloat? Maybe this is all a blessing in disguise for APHA.


Goes to show how much time and money the government wasted on issuing licenses to LP's that had no chance of survival.  The funny thing is goverment still issues licenses every week to those that have no chance in hell of moving forward..  What a broken system. 

Bullboard Posts