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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

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Post by Don773on May 08, 2020 10:28am
157 Views
Post# 31002782

Strengthening balance sheet should be good for APHA

Strengthening balance sheet should be good for APHAStrengthening balance sheet should be good for APHA in mid to long term. It would also help to make any transaction considered less complicated whether joint venture, merger or supply type arrangement. I would not be surprise if the next move is in the next couple of months involves USA as the European market arrangements are in place.
I am disappointed that the share price dropped this morning  but I would not be surprised if we see green before closing today.
GLTA longs!
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