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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 of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Comment by CanadianJrson Jan 11, 2017 3:00pm
208 Views
Post# 25695540

RE:RE:RE:RE:Dead Cat Bounce?

RE:RE:RE:RE:Dead Cat Bounce?The combined company will have 40% of the medical markets current patients. But it's not about the one day gain here it's about the 30% 1 month gain I'm seeing when the companies merge. We'll be lucky to see that gain here in the next 3 weeks. Where as MT is already selling at a discount to the transaction. 

After the merger I'll be back buying more shares of APH. I still hold my core position here so I'm not losing by going to a different position. I sold at a profit and will make a profit on my next transaction that's what it's all about.
Bullboard Posts