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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

Comment by ProfCorneliuson Apr 14, 2020 10:41pm
350 Views
Post# 30910097

RE:A word of caution

RE:A word of caution
stocktradinguru wrote:

If you read the details of the financials, APHA can no longer provide revenue/sales guidance for next quarter due to the pandemic. 

And so, this stock will not continue to show higher highs on the weekly.

In fact, the longer the pandemic, the greater the possibility that 4th quarter earnings ( July) will be lower than reported revenue this evening.

 



$$$$$$$$$$$$$$$$$$$$$$$ You forgot one important fact moron. In Q4, (the last 45 days) Aphria has already done 65%-70% of the rec sales that it did all last Q. Do the math! Boom. Prof
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