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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

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Post by TheGrapeOneon Oct 16, 2020 8:54am
162 Views
Post# 31727220

HUGE Price drop on Weed sold by $1200 a kg

HUGE Price drop on Weed sold by $1200 a kg

Last q

12,577kg sold
$53,066,000 in revenue

$4,226 a KG

This q

20,882kg sold
$62,491,000

$2,992.57 a KG


value of goods sold dropped big time over $1200 a kg so company must have made a one time bulk wholesale deal wonder if that will be repeated in future Quaters or if next quarter it drops back to 12,000kg or is the companies new plan moving forward is to drop the price and become the bagain brand of Weed?

 

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