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

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Aphria Inc. > Peter Thiel

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Comment by ilvmyt5son Dec 19, 2020 10:47am

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Post# 32146840

RE:RE:Peter Thiel

yeah if Thiel owns 77% of Tilray and Aphria owns 63%. That's 140%. Did Irwin buy Thiels position for $38/sh for $9/sh? Was Thiel going to bail like Buds explained and Irwin saw the opportunity and did the buyout so that someone else wouldn't beat him to it? Why would Thiel bail when things are starting to get good?

gottahunch wrote: I have to wonder if he's the $100 m man. He would not have wanted this to come out better while backing TLRY. Negotiations between TLRY and aphria have been ongoing for a year and $100 M investment announced in last Jan. Maybe he was playing a long term game here with TLRY and knowing they needed APHA to be successful.

arblines wrote:
if I am not mistaken, he controls the company. For those sick of slick Vic, etc... Thiel cannot be ignored. This is the best thing to happen to Aphria in a longtime. Novartis and Budweiser are 200 billion dollar companies. This isn't HEXO and Molson...lol. TSX stock will most likely be converted to the NASDAQ and TLRY may grow into a 100 billion dollar company itself. I like the move and look forward to leadership being babysat.