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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

Post by ProfCorneliuson Mar 22, 2020 9:41pm
430 Views
Post# 30836109

The futures hit the "limit down " mechanism

The futures hit the "limit down " mechanismbecause the DEMS and REPUBLICANS could not come to a resolution on a stimulus package.
Part of this is definitely Pelosi trying to sink Trump...

What this means is that the markets are going to get rocked until there is clarity about when the multi trillion dollar package will actually get approved.

I'm done here until the fins....I will be adding more on weakness, which is coming!

Medium to longer term Aphria will be more than fine as it is actually gaining market share by the week as other LP's fold up or cannot fulfill their obligations to the OCS, ALGC etc...

PROF




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