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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 CanadianProud04on Jan 20, 2018 9:11am
164 Views
Post# 27400178

RE:RE:Q3 estimate 2c?

RE:RE:Q3 estimate 2c? Mangler85 -  The lower yield in Jan and Feb of 2017 was related to "lumens" (sunlight) not the cold weather!!  This winter the Leamington area experienced unusual conditions related to the amount of sunlight it received. The most common measure of light intensity is referred to as lumens. During the quarter, the Leamington area received approximately 80% of the historical three-year average of lumens for this period. More specifically, the month of January was 67% of the three-year lumen average and the month of February was 76% of the three-year lumen average. This reduced lumen measure directly led to (i) lower yields on individual cannabis plants during the quarter which caused a $0.20 increase in our "all-in" costs of dried cannabis per gram; and, (ii) increased heating and electrical costs, which caused a $0.14 increase in our "all-in" costs of dried cannabis per gram.   Facts before fiction!!





CanadianProud04
Bullboard Posts