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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 Savage97on Sep 03, 2020 7:16am
238 Views
Post# 31500287

RE:RE:Irwin Simon

RE:RE:Irwin Simon

I attribute Aphria's strong revenue numbers and consistent profitability to its asset-light business model under the leadership of CEO Irwin Simon, who took over the reins as interim CEO in March 2019. Before that, he served as the independent chair of its board of directors. Simon is is the founder and former CEO of packaged goods company Hain Celestial Group, which reported $2.3 billion in revenue for fiscal 2019. 

Irwin's strategy of focusing Aphria on its core operations in Canada has played out well.

https://www.fool.com/investing/2020/08/30/3-reasons-its-not-too-late-to-buy-aphria-stock/

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