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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 Daredevil1964on May 29, 2020 4:57pm
302 Views
Post# 31090006

APHA on the daily is a solid hammer. The bulls bought the

APHA on the daily is a solid hammer. The bulls bought the dip. They came out and in strong force. The uptrend is sound and hopefully a continuation of higher lows is at hand. CGC blew it big time. Looking at their ER closely, it looks like they need to contract out the growing of MJ and concentrate on just putting their name on the derivative product. Clearly CGC is not competitive enough for this space. Their restrucuring and impairment charges of 840 million along with net loss of 1.3 billion has been acknowledged by the markets today. With 350 million shares outstanding, and a net loss of 1.3 billion the blood letting is not over for them. APHA had a great day and looks good going forward as per the markets. GLTA.
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