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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 CommonCentsforDollarson Feb 13, 2021 10:32am
243 Views
Post# 32561458

RE:Why is canopy still double Aphria ??

RE:Why is canopy still double Aphria ?? Minimum $40+ is where this belongs post merger.

Minimum.


StockDoc60 wrote: There is obviously a large gap between Aph and Tlry that will likely close before merger .
If we assume that Tlry will retrace back to a lower price  somewhat equivalent to current Aphria price range ( 22- 25 cad ) can we assume that Canopy will also retrace .

To me  with the pending merger complete , canopy should not be double the new Tilray share price !!  If it remains in the 50 cad range, I feel the new Tilray will quickly move upwards  closing that huge gap .

If this were so ,our new shares should be  probably  in the 40+ cad range .

Thoughts ,anyone ???


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