Bullboard - Stock Discussion Forum 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... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > $185m is a really good number!

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Post by TheWokeLemming on Jul 21, 2020 7:39pm

$185m is a really good number!

Sure, Canadian sales weren’t astronomical and it didn’t move the dial on share price, but it should have! Not many industries are growing at a 20% clip per quarter. Alberta’s market shows no sign of peaking, meaning it’s not saturated yet and can still open more stores with 20% growth in May alone. BC also chugging along nicely. The $185 includes the 2 largest markets moving at a snails pace in Ontario and Quebec. If they ever get their act together then Canada’s market most likely is at least 5x larger. The $185 also shows that Canadians are transitioning away from the illegal sales. Lots of positives so I’m unsure why SP didn’t take off more, but tomorrow is another day!

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