Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
SKRR to Commence Uranium Drill Program to Test Conductors at Clearwater West (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aphria Inc. APHA

Healthcare Drug Manufacturers - Major Cannabis
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. > Comments Regarding Aphria Sheds Staff Amid Strategic Shift
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(1223)
•••
Comment by ProfCorneliuson May 08, 2020 6:54pm
384 Views
Post# 31005667

RE:RE:Comments Regarding Aphria Sheds Staff Amid Strategic Shift

RE:RE:Comments Regarding Aphria Sheds Staff Amid Strategic Shift

RolltheDice2020 wrote: This comment is what has me a little intrigued.... I'm strategically changing our business and doing some consolidation," Simon said


PART 1) We are on course to becoming a large CPG company.
PART 2) Aphria is profitable and EBITDA postitive but I will make her leaner and even meaner!

As for today, we paid 96M in share capital to get rid of 127.5 million in debt plus 20 plus million in interest savings.

The balance sheet will be cleaner but it still hurts short term... :(

Long term, I like this move.

Prof




<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities