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. > Aphria needs Aurora

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Post by Silentbull on Jul 29, 2020 5:10pm

Aphria needs Aurora

APHA has been buying cannabis from wholesale market since aphria diamond was WIP. If it needs to go international and explore US market, it needs a LP with sizeable quality production whether it is Aurora or some other.
ACB was an under during dog last quarter and astonished the market, tripling in price in a week while lifting all other boats in the sector as well.
If it can repeat that on Aug 10, it would definitely be a textbook turnaround story. The Interim CEO has already reiterated the cash burn at $41m per quarter down from $65 in last and $85 from earlier.
It would be a week worth watching closely all the MJ stocks

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Comment by kingbear on Jul 29, 2020 5:27pm

what would they do with all that cannabis? Aphria has an inventory problem aand are growing 4x of what they sell. The combined entity would have a few B in inventory and a few B in goodwill.

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