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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 Apparentlyon Feb 12, 2021 10:35am
150 Views
Post# 32551723

RE:Tilray going up

RE:Tilray going up
You cannot value Aphria based solely on Tilray price UNTIL the gap between the two closes to within a few bucks. Probably within a few weeks of closing. Basically the CND to US $ exchange rate is close enough to the share settlement exchange that you can eventually use it as an approximate guide to APHRIA CND value.
Don't count on Aphria rising to Tilray (although that would be great for me) but expect Tilray to eventually drop a bit. 
Currently way too much volume in Tilray to make true sense of future price. Total useless using current Tilray price. It looks to me that the same shares are being traded daily over and over again by day traders and shorters because more volume traded per day than shares available. Right now Tilray is a snake and ladders game.
Just hold on until US Feds start talking legislation, more announcements of new business, and other positive news. Were up today and so is Tilray. Evenatually, the NEW Tilray/Aphria will be worth signifcantly more than many other players who are priced much higher.
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