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Aphria Inc. APHA

Healthcare Drug Manufacturers - Major Cannabis
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

Aphria Inc. > What a terribly overpaid acquisition
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Comment by Viking49on Nov 05, 2020 9:06am
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Post# 31841105

RE:RE:RE:RE:What a terribly overpaid acquisition

RE:RE:RE:RE:What a terribly overpaid acquisition
Homestretch4me wrote: Canopy did not pay billions to acreage. Its best not to talk when you don't know what you are talking about.
arblines wrote: Canopy paid 300 million for Hiko brands.  Billions for Acreage holdings which only has sales just over 100 million a year.


I am still processing the transaction but it seems to be a good acquisition.  


I really like the "SweetWater 420 Fest" and they have already established a 420 strain of craft brews!  They just entered the beverage market through the company that has the #1 best selling new craft beer in the US.




The initial Canopy/Acreage agreement valued 100% of Acreage at $3.4 billion.  
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