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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 skyplton Jul 29, 2020 2:53pm
140 Views
Post# 31339007

RE:RE:A Challenging Day

RE:RE:A Challenging DayI was surprised by the impairment charges.  In hindsight I guess I should not have been, LATAM is a bust for all LPs.  But I seem to recall this being discussed during the 3Q conference call and Carl suggesting write downs were behind them.  Organigram devaluing their trim assets was a clue that it was coming (and more to come as the other LPs report next month).
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