RE:RE:RE:The last raise, Sunny's MMME and GSU.Yup.
Aphria will not front run by when the circumstances start dictating a change in direction they’ll take it.
I have been waiting for the announcement of an acquisition since the last raise was in the bank.
GoBlue
BaconIsBad wrote: I wasn't able to make the AGM. Did Vic actually say those words? Hopefully that's the case, because the right thing for Aphria to do right now is to increase capacity with an acquisition that makes sense. I've always admired the "builder not buyer" approach, but I think the game has changed and Aphria needs another greenhouse ready facility to further increase it's capacity for Shoppers, the rest of the medical patients, and that recreational thing everyone has been talking about.
GoBlue2016 wrote: Prof
Pharma was funded in April/17 raise.
Vic at AGM said “builder not buyer” tag may be retired. “Provincialism” May require acquisition of late stage in BC (bc bud and it’s heritage) or PQ (IMO for protectionist buying patterns).
Id be cautious about building on 100 acres. Might be able to buy some distressed LPs for cheaper.
GoBlue
ProfCornelius wrote: All,
Any opinions as to what APH will use the capital from their last raise for?
My hope is that it is to create more yield through an acquistion that makes sense.
Blue, do you think it is related to the SDM deal?
Any other thoughts?
Also, the MMME that Sunny enlightened us to is quite intriguing.
I can't wait to get more information about it.
Finally, I nominate Sunny for analyst of the year in this sector. :)
We have a great thing growing,
Prof