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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 altitudeson Jun 07, 2018 8:53am
150 Views
Post# 28138107

This will be fine

This will be fineBack in 2016 APH did a bought deal. I though the sky was going to crash. I sold some of my shares at a loss and guess what happened a few days later? The SP went well above my sell price. Subsequent bought deals were all the same. Dipped for a bit then closer to the closing date there woudl be a rally.  At the end of the day this isnt really bad news. Bad news would have been an investigation or a crop fail. This is just a speed bump. This will go up sooner than you think. Also if you didnt look at the NR closely 
as the construction of additional cannabis production facilities globally in both foreign and Canadian jurisdictions ' 

hmm wonder where the foreign jurisdictions could be ? 

Also i was thinking why wouldnt they release the bought deal announcment with the extraction facility news. My guess is they are prepping for a more substantial NR. I could be totally wrong like i was about the cup and handle brekaout yesterday but I am holding to see how this plays out. 
Bullboard Posts