Aphria Inc. APHA

What a terribly overpaid acquisition

[Demian72]

Correct if I am wrong, but how is paying 300 m for this company can be considered a good investment??? 

For the year ended December 31, 2019, SweetWater Brewing Company generated net revenue and adjusted EBITDA of $66.6 million and $22.1 million, respectively, and production volume increased 7% year-over-year to nearly 261,000 barrels, twice the growth rate of the craft beer market nationally, according to the Brewers ...

[Demian72]

no, seriously, can anyone please explain to me in simple terms how paying 14 years worth of an adjusted (!) EBITDA be considered a good purchase?!?!

[ilvmyt5s]

yo D. I'm going to take a shot at it. The make benefit profitable U.S. distribution channels??? The established and proven bottling line perhaps??? Just a wild guess....

[Ventura2020]

Where do you people come from (all of sudden on news), asking all these questions and demanding answers. Go figure it out yourself, don't like it - then piss off.   

[Demian72]

LOL I thought this venue was for sharing thoughts and asking opinions of others...you donkey fu..er 

[premium54]

Correct if I am wrong, but how is paying 300 m for this company can be considered a good investment???  Well lets do a little math. 22mm/ 300mm is 7.3% return. So a pretty good return along with a in to the U.S.  I see nothing wrong with either the purchase or the price.

[arblines]

Canopy paid 300 million for Hiko brands.  Billions for Acreage holdings which only has sales just over 100 million a year. I am still processing the transaction but it seems to be a good acquisition.   I really like the "SweetWater 420 Fest" and they have already established a 420 strain of craft brews!  They just entered the beverage market through the company that

[Homestretch4me]

Canopy did not pay billions to acreage. Its best not to talk when you don't know what you are talking about.

[Homestretch4me]

Canopy will pay between 800-900 million US for acreage when the deal triggers and that includes all the prepayments. Here is the difference in the deals. Acreage holds over 90 licenses throughout the u.s. to operate dispensaries. Acreage has licenses to grow cannabis and to produce cpg products and medical products. It is an instant in road to the US market for canopy and with the billions of

[Viking49]

The initial Canopy/Acreage agreement valued 100% of Acreage at $3.4 billion.  

[Homestretch4me]

The price was never set in stone. It was percentage based on the price of canopy shares. The deal has recently been Rewritten and my numbers are correct and your numbers are way off. Apparently you're not up-to-date on what's going on

[tam1206]

Homestretch4me, your coming across as a disgruntled canopy invester.  You just started posting yesterday here and , yes you have been relentless. This shows your agenda to spur misinformation .  Business 101 , buy a company that has established goodwill and products.  Then, when legalization is made federal in the USA, you hit the ground running and with force.  Can'

[Homestretch4me]

Since you're a business owner with expert business acumen please explain to everyone here how this gets aphria access to the US cannabis industry

[raptor57]

Spot On Premium54...it is as good as the Broken Coast acquisition with benefits...Raptor