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

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Aphria Inc.

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Comment by 2018Guelphon Jul 11, 2018 11:43am

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Post# 28299960

RE:RE:7.1 million shares in Hiku

My thoughts exactly.

GarlicToast wrote: Well I don’t think VIC will buy boats and HO’s with the money, most likely re-invest and double and triple it or another M&A. It would be a smart move to hold on to HIKU shares and use it as a bargain chip against Canopy IMHO.

-GT

pipefighter - (7/11/2018 11:33:43 AM)
7.1 million shares in Hiku

Worth approx. or close too $14 million dollars too APH. Canopy is offering $1.91 per share for hiku shares.

What the heck are they going too do with all the money?

They are going too have approx. $300 million minus the $55 million for their extraction facility so $245 million in cash.

What is their plan for that amount of cash? M&A??????