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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 4evergreenon Sep 03, 2018 10:35pm
265 Views
Post# 28557139

RE:WEED and APH reached their ceiling. This will open <= $16

RE:WEED and APH reached their ceiling. This will open <= $16APH still married to WEED and that's likely pulling back tomorrow IMHO. All the pumping and speculating in the world won't change this dynamic. BOL tomorrow..
4evergreen wrote: Unfortunately Aphria's SP follows WEED's so closely (literally by the minute) and as WEED will continue to stall at $60 (which is already rediculously overvalued) this will follow. Some think it's got a bit to go and should reach $24 but that's not a given and probably not fair valuation. I hope I'm wrong but I feel this stock will just follow the momentum of WEED like it always does. GLTA.


Bullboard Posts