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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

Comment by Rotalucepson Jul 29, 2020 11:57am
141 Views
Post# 31337586

RE:RE:RE:RE:great conference call

RE:RE:RE:RE:great conference call
yankee11 wrote: I watched this same thing happen in Washington State years ago. Everyone fighting over the $4 gram market, then over supply. they didnt realize the total market for low end. most consumers dont mind paing a little more for quality. APHA is growing quality cheaper than its competition growing low quality. they all think the solution is to even grow more outdoor for super cheap. LOL

LMFAO

All the sellers today are traders. true longs that get it will be rewarded.


I sold my position because I think I will buy back at a lower price. I still like the company. They sold less cannabis than the previous quarter, and even if it meets analysts expectation, the market doesn't like this.  This is why it will go down, then I will buy back. I might wait for the next quarter result, I will see. There is nothing to hurry, it will not suddenly fly. 

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