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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 MartialArtson Apr 30, 2018 11:03pm
158 Views
Post# 27962412

The CEO of Aphria is very credible

The CEO of Aphria is very credible
The CEO of Aphria is a very credible man with a solid background.

This dates back to 2014 and Aphria is in the top 3, and by some metrics, top 2 in the Canada cannabis sector.

"As the new leader of Aphria, Vic brings significant entrepreneurial and business acumen to the natural alternative health care provider: Aphria. Vic's experience, vision and commitment to quality healthcare alternatives will not only shape this new company based in Leamington, Ontario but will also lead the entire medical marijuana industry.

Vic previously served as CEO at Jamieson Laboratories, Canada's largest manufacturer and distributor of natural vitamins, minerals, concentrated food supplements, herbs and botanical medicines. Vic brings 15 years experience as a chartered accountant and partner with Ernst & Young and 21 years leading Jamieson. When Vic began his career with Jamieson in 1993, the top five leading nutrition brands each had 7% market share respectively. Under Vic's leadership, Jamieson outpaced the competition and increased its market share to 27%. During his tenure with Jamieson, Vic led the company from $20 million in annual sales to over $250 million and expanded the company's distribution network to over 40 countries, building Jamieson to a globally recognized brand name."

When Vic says "stay tuned" on the supply agreements with the Ontario, Quebec and BC centralized distribution liquor branches handling all the marijuana distribution in those provinces, that's all the indications I need.  Aphria can deliver on day 1 on legalization. So can Canopy. Others? Well, "stay tuned".
 

Bullboard Posts