RE:RE:RE:price discussion $50 to $75 target More food for thought.
And that is edibles starting in 2019. This market will provide increased profit margins and is trending to become roughly 50% of the rec market.
I believe the Aphria expansion includes an industrial kitchen. Due diligence is being performed for this market.
I am very excited for Aphria as large portions of the production already has sales commitments in all of wholesale, pharmaceutical and recreational bud.
But if we can nail a good portion of the edible market.........we are all gonna be so excited we will need to consume some edibles to mellow out!
This current stock market of cannabis companies is a little crazy and one must have the stomach for the volatility. But I am confident Aphria will execute their plans well and in a timely fashion. We will get our market share, revenues, profits and best in class share price.
Aphria will grow organically and be a world player. Aphria’s partners will thrive and grow. Shareholders will be happy........even without consuming the edibles.
Those that do not execute will whither and die, with a reflective share price.