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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 DELLiciouson Mar 10, 2020 1:11pm
172 Views
Post# 30789171

RE:RE:I would go on vacation and come back when this is over

RE:RE:I would go on vacation and come back when this is overTree, I'm trying to understand the true source of your frustration - is it the stock price? Or, is it the management? What kind of message would a change in management bring to APHA now? Would it be 'good for them!' or would it be 'those guys still can't get anything right'. 

We can blame Vic and the previous board of directors, Andy DeF, Grego and Hindenburgh, Irvin and the current board of directors, Cristina Pellegrini and Bruce Linton for awarding her with a nice job at WEED after writing a pretty nasty article about APHA in Globe and Mail, etc. ACB had none of those guys on their team and look where their price is. They have $$ left to run operations for a few more quarters and that's it. And their SP was higher than APHA's stock price not so long ago. How about WEED, aka. the 'darling' of Canada's MJ maket that cannot do anything wrong? If it wasn't for Constellation's foolish investment into them they'd be sitting wit the rest of us in SP<$5 range. How about TLRY (from $300 => $7.8)? CRON, TRST? The list goes on.

The glory days of high SP are all but gone much to everyone's disappointment, including the author of these lines. Last year was miserable and this year is shaping up to be the same. The whole MJ sector has collapsed as the reality is setting in. And now we're on the verge of major economic crisis where the whole economy is taking the beating across the board. I don't think there is anything that Vic, Irvin or anyone else for that matter could say or do anything to change the current situation.

Don't get me wrong, I do not support their silence. Their silence is deafening and it scares the cr@p out of me. We all know that they are one of the best in terms of strategy (CC/Germany/EU) and execution (last couple of quarters show that), yet SP does not react to that. They're either manipulated by the likes of CIBC (for whatever reason) or we as the investors are missing something that the banks see.

We'll just have to weather the storm. Alternatively, there's always the 'jump the ship' option. Either way, there's price to be paid. It's a part of the game that is played.
Bullboard Posts