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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 TheGrapeApe2020on May 08, 2020 10:30am
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Post# 31002805

Dilution is not over yet

Dilution is not over yetNo company in this industry can build a global foot print with $168m in the bank.

They will need to either scale back the plans for the future or dilute furthar.

Today they bought some time by dumping another 7% of the float on to the market.

Savage and Steve can try all they want to put a positive spin on this but a company trying to build out globally during a pandemic and on limited funds will not be able to do it.

They are trying to compette with companies who have billions in a race that will take years to run






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