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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
Comment by Anok4u2on Jul 31, 2018 8:32am
165 Views
Post# 28389878

RE:Why borrow 25 million

RE:Why borrow 25 million
Duediligence33 wrote: Dilution is much worse than bank debt but any unnecessary debt is not good on the balance sheet unless for expansion but I thought they already had excess cash. Plus operations should be cash flow positive which should add any needed cash.


I agree with a loan rather than dilution...next fins will eat away at that loan...as for the reason...how about they say screw Molsons and Deagio...and they start their own brewery!!! jk
Bullboard Posts