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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

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Post by Vinny57on Sep 08, 2021 11:52pm
490 Views
Post# 33829745

Anybody else?

Anybody else?Who out there has been pondering this?  The share price has now dropped back to the $16 again Canadian (of course). I have been meaning to pick up a few thousand shares to use as traders. However, here lies the delema. IF the vote reaches the 50+ percentage I believe we will see a modest gain, perhaps back into the $17s or at most into the $18s. However, IF the vote does not pass, all confidence in management will be out the window.  IF that is the case, investors will bail and I think we are headed into territory that will barely reach double digits. So in conclusion, I don't think picking up a few extra shares at this time (before Friday) would be a wise decision.
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