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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 Don773on May 14, 2020 10:13am
259 Views
Post# 31027175

Management and BOD members share purchase

Management and BOD members share purchaseOverall I like Aphria as a company and product it sells. Senior management is OK, the BOD has some questionable appointments but it does its minimum job. What I am missing in this company is senior management and BOD members stock ownership. They do not buy their own stock with their own money, with some exceptions like Carl M. Wouldn`t we as shareholders expect and like to see more of their skin in this company? Some of the members of SH board attend anual meetings. Shouldn't we ask question or propose resolution at the AGM that BOD members should have a minimum number of shares that they should buy in the company to become members rather than only own what is awarded to them? I have not checked share ownership lately and I may be wrong. Maybe they own many shares? This is the time that I would expect Irwin Simon and other executives and BOD members to step in and buy shares to show their confidence in the company's future, especially it looks as it will be a leader of MJ LP pack. This would scare many shorters and would provide some confidence for the industry investment analysts
Constructive comments and ideas for the discussion on this board would be welcome.
GLTA
Don
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