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

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Aphria Inc.

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Post by Daredevil1964on Jun 20, 2020 2:48am

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Post# 31172265

This is all apart of a bigger picture,

Now on Even Sweeter Terms

This article came out 3 days ago. It is worth a look WRT the details of the acquisition Whole Earth Brands. The deal is to be voted on and shares redeemed next week. Could this tye in with Aphria eventually, IMO it is possible.
https://finance.yahoo.com/news/whole-earth-brands-ride-wellness-173206365.html

https://finance.yahoo.com/news/whole-earth-brands-ride-wellness-173206365.html

Act II Global Acquisition to Purchase Two Companies Creating Whole Earth Brands
Newly Revised Terms Reflect Just 6.75x 2020 Ebitda vs. 7.9x on Previous Terms
New Redemption Deadline is Monday, June 22 and Vote is Wednesday, June 24
New Anticipated Net Leverage is 0.8x vs 1.4x on Previous Terms
Company’s Product Sales Already Recovering from Very Short Coronavirus Setback
Chairman Irwin Simon Founded Hain, Has Completed Over 55 M&A Deals in His Career
Footprint of 100 Countries Creates Unique Opportunity to Take More Brands Global