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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
Post by Montevialeon Aug 21, 2017 10:28am
242 Views
Post# 26602822

Bruce has trapped himself in a quagmire of his own making...

Bruce has trapped himself in a quagmire of his own making...Bruce has unequivocally stated he has no intention of going into the U.S.  

With the fog slowly lifting, its looking more like a certainty that the TSX, TSXV and CDS will not prevent Canadian listed companies from doing business in the US as long as they are in compliance with their listing agreements.  

With the US Federal government most likely years away from removing marijuana as a schedule 1 drug and more states sanctioning legalized medical cannabis, how much longer can Bruce sit on the sidelines, while watching Vic continues to pick off U.S. states with sniper percision?  

If Bruce decides to reverse his decsion, it will because he is losing ground in the US.  The trick will be for him to back down while saving face with his shareholders.  

M
Bullboard Posts