Aphria needs AuroraAPHA has been buying cannabis from wholesale market since aphria diamond was WIP. If it needs to go international and explore US market, it needs a LP with sizeable quality production whether it is Aurora or some other.
ACB was an under during dog last quarter and astonished the market, tripling in price in a week while lifting all other boats in the sector as well.
If it can repeat that on Aug 10, it would definitely be a textbook turnaround story. The Interim CEO has already reiterated the cash burn at $41m per quarter down from $65 in last and $85 from earlier.
It would be a week worth watching closely all the MJ stocks