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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 LeJameson Nov 26, 2020 5:08pm
239 Views
Post# 31985685

RE:RE:RE:RE:RE:RE:RE:IF you haven't got a margin account, you should

RE:RE:RE:RE:RE:RE:RE:IF you haven't got a margin account, you shouldWouldn't call myself a trading expert. In fact, I try not to time the market. That said, when I repeatedly said on this board the mid-term target for APHA was $9 CAD, I felt so lonely. Bottom line: no stock can keep rising forever and neither the Sweetwater deal nor Biden win can change the fact COVID will continue to impact the company's sales awhile. Q3 results led to a 30% SP drop. Ask yourself what Q4 would do. Aphria does need some more cash. A bought deal in the $200-300M CAD range CAD is urgently needed. 
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