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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
Post by Fitzy12on Mar 13, 2020 12:17pm
174 Views
Post# 30804355

Just a thought

Just a thoughtIf Aphria still has 600 million in cash ready to go, wouldn't it be a great idea for them to start buying back some of their shares. If Aphria got down to 2$ a share (Hopefully not), then Aphria could buy back 100 percent of their shares. This seems like a great bargain at these prices although time will really tell. I feel like I am missing something with the big picture as well. If Aphria has revenue of +400 million per year, how can Canopy still be as high as it is??? Maybe it is just the investment from Constellation or is Aphria really cooking the books as some leary market watchers suggest.
Bullboard Posts

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