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

Aphria Inc. > This is not a bad move, the short term pain is worth the

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Comment by Daredevil1964on May 08, 2020 10:18am

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Post# 31002668

RE:This is not a bad move, the short term pain is worth the

Look at it like refinancing, Aphria just raised the cash pro forma by 100 million plus on it's balance sheet. Yeah the market does not like the initial dilution, but I think this is done so Irwin may be pulling the trigger on something bigger.

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