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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

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Comment by sunny3999on May 18, 2018 11:52am
224 Views
Post# 28052739

RE:RE:Good news

RE:RE:Good newsAphria must have products ready to hit the shelves after legalization!

Doug Wieland, general manager of Southern Glazer’s Canadian said he approached Aphria around a year ago and pitched them on the idea. 

LINK: Alcohol broker Southern Glazer’s partners with Aphria to sell weed

MartialArts wrote:
Aphria will be the Bacardi, Remy and Cointreau of cannabis.  Well known, good constant quality, reasonable price.  This is very signficant since in most provinces the liquor boards are controlling distribution of cannabis and alcohol in Canada.  Having experience there is vital to the success of any licensed producers in the big provinces of Alberta, Quebec and BC which represents over 55% of the Canadian population.

"The Financial Post reports in its Friday edition that the Canadian arm of Southern Glazer's Wine & Spirits LLC is entering the cannabis market. The Post's Mark Rendell writes that a new company, Great North Distributors, will represent Aphria products to retailers and regulators across the country, essentially acting as Aphria's on-the-spot salesforce. "We're going to be able to take a lot of the experience we have from the beverage alcohol market and translate it to the cannabis market," said Doug Wieland, general manager of Southern Glazer's Canadian division. Southern Glazer's, the largest wine and spirits distributor in the United States, represents in Canada brands such as Bacardi, Remy Cointreau and Tito's Vodka. "We believe there's going to be a lot of similarities with both government involvement, and the way the product will be retailed through those government bodies," Mr. Wieland said. The partnership comes when Canadian cannabis companies are starting to focus on retail strategies for the adult recreational market, which is expected to become legal some time later this year. Industry profits will ultimately depend on getting marijuana on store shelves and creating brand recognition and loyalty."


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