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

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Aphria Inc.

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Comment by GoBlue2016on Dec 13, 2017 3:05pm

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Post# 27149653

RE:RE:Aphria total cash on hand ?

This was from my last MDA rundown: Q1 F2018

“They have $119 million in cash and securities on hand and the commercial commitments to finish phase III and IV is $44 million… $75 million in cash reserves well positions Aph to handle Pharmacy payment terms [120 days] and rec payment terms [anticipated 60 days] with some spending money left over.”

So $75 + $92 + $115 (included over allotment) = $282 million (less commissions)

Time to pick out a nice bauble.

GoBlue