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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 Oldweedon May 03, 2021 12:10pm
215 Views
Post# 33114464

RE:Sold for 19.50CDN on Friday

RE:Sold for 19.50CDN on FridayAlthough the APHA stock is still traded on the TSX its actual price means nothing in that only the US TLRY sp mattters, however I do find it interesting that an arbitrage trade is still posible because of this? On another point I was surprised to see that TLRY will be listed on the TSX right away so we should see Canadian shares deposited here instead of US TLRY so a much smoother transition for Canadian APHA shares. We get the 0.8381 TLRY and we will see that value reflected in Canadian dollars based off of the US TLRY SP. So unless I am missunderstanding we will get our exchange bump without having to sell US TLRY and buy CAN TLRY.
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