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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

NDAQ:APHA - Post Discussion

Aphria Inc. > APHA and LHS Irrevocable Option
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Post by Ventura2020 on Oct 23, 2020 12:15am

APHA and LHS Irrevocable Option

Me thinks Savage97 is on to something after a little research.

Ventura

It retains an irrevocable option to repurchase the shares for up to five years.The shares will be held in escrow until a five-year promissory note due in 2023 is paid.

https://www.bnnbloomberg.ca/aphria-exits-u-s-with-sale-of-liberty-health-sciences-holdings-1.1134142
Comment by CentreIce24 on Oct 23, 2020 7:48pm
Hey Ventura Not true That is over & done with and put to bed It's Dead Read the MD&A from Q4, 2019 Diversified all US assets including the options Also this Aphria announces early termination and liquidation of interests in Liberty Health Sciences, Inc. LEAMINGTON, ON, Feb. 19, 2019 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA) today ...more  
Comment by Savage97 on Oct 23, 2020 9:22pm
LOL!  Aphria will pick up LHS in a heartbeat when the laws change.  Why would they pass up on Florida medical and the adult recreational that will be coming there soon like Germany.  GLTA
Comment by hightimes on Oct 23, 2020 9:28pm
If they use the 100 million to buy something like cc pharma that pays back the 88 we spent in a quarter I'd be fine with that. Can LHS provide that?
Comment by Savage97 on Oct 23, 2020 9:33pm
LOL!  Are you serious?   LHS is already cash flow positive in the jewel state of Florida with recreational coming, medical will be crossing state lines and LHS has the lowest cost quality flower.  
Comment by Ventura2020 on Oct 23, 2020 9:33pm
Thanks for the update, Centreice! Cheers! Ventura
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