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. > Cannabis Sector SP manipulation?

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Post by hevin on Nov 05, 2020 9:53am

Cannabis Sector SP manipulation?

With our great news, we are only up 7-8% while a dog like ACB is up 17-18%. Think I'll put my concerns to the SEC and other regulators. Something rotten in the state of Denmark.

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Comment by DELLicious on Nov 05, 2020 11:47am

Yup, once again no love for APHA. No matter what happens market just won't care. ACB on the other hand, will explode today (already at +24%) and then it will most likely crash and burn in a day or two or three. Speculation at its finest. Has everyone already forgotten a recent dilution of ~$500million and no profitability in sight??

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Comment by Homestretch4me on Nov 05, 2020 12:15pm

That's because it was a terrible acquisition at a very high price into a market that is declining. Constellation Brands made its investment in canopy because they knew that beer sales were going to go south. Aphria on the other hand just purchased a beer company. So while constellation Brands, a Fortune 500 company, books to diversify out of the beer industry with their investment in canopy ...more

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Comment by DSEEGS on Nov 05, 2020 12:29pm

I agree somewhat stetch but i will say Aphria needed to enter the U.S market ANY way they could . Thats a must that needed to be addressed ASAP . One thing i would point to is seltzers . That beer segment is growing . They also have that 420 brew which is atleast terpene based and not far off from an thc infused beverage . Where i agree is Canopy/STZ were light years ahead in foresight ...more

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Comment by Homestretch4me on Nov 05, 2020 2:18pm

Agree on most of it except this aquisition does not get them any closer to entering the cannabis industry in the US. They will need a lot of money for that if Biden wins. The smart companies laid their inroads a long time ago while share prices were under pressure.

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