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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 TheGrapeApe2020on May 03, 2020 5:52pm
228 Views
Post# 30981656

Not looking good in Germany 60% of income at risk

Not looking good in Germany 60% of income at riskWow getting ready to lock everything down again at a huge cost to the economy 60% of APHs income is from distribution there......why have they given no update as to how this has affected them?  if it shut them down and they had to rely on weed sales in Canada then that would put them at $60million in revenue.   Could they recover?

https://www.dailymail.co.uk/news/article-8269107/Germany-sees-rate-infection-increase-easing-lockdown.html
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