RE:RE:RE:Morningstar: Funds and Institutions bought Aphria...Thank you for welcome, but i always shifty eyed the board, but it wasn't worth a comment for a while as the hell of rollercoaster started.
Now the board get back the quality it had and hopefully will last for while, as we are nearing some major point of inflection with
- legalization on 7 June
- Ontario LCBO contract
- Shoppers Drug Mart license approvol arround the corner (worth 1,2 bn as Vic said)
- first Germany supply with 1500 kg during summer through "Nuuvera-Aphria" LOI
I assume Aphria's SDM Deal is more worth in average Cannabis Price than anything else for LCBO. SDM is medical and preferred supplier Aphria will deliver the lions share in the future.
When Aphria will fill up the shelves they will run out on Cannabis for while, the share price will reflect this very soon.....and with Broken Coast they improved the Quality and hopefully will have some award winning strains growing in the greenhouse.....this would be great for brand recognising.
And as Canada will legalize in less than 4 weeks, the money from funds/institution will flow in I assume.
Will be fun ride, right back to the peak levels we saw end 2017 and beginning 2018 ...all the funds/institutions will rush in.
The CIBC Cannabis Study gives a hint who in this Cannabis space will be the winners or loosers in the future.
I am ready for the ride....
Mike411Ontario wrote: Hello Sunny & as GSU says, welcome back.
Just in time for a long run up in sp too.
You guys always have good information thanks.
GLTY Mike