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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 PeterMacd2on Sep 04, 2018 6:22pm
164 Views
Post# 28562062

RE:RE:RE:More to go... will test the last 52 week high 24.75

RE:RE:RE:More to go... will test the last 52 week high 24.75That would indeed be great  shot of SP adrenaline! But I think what will keep the long-term trend upwards, regardless of a JV or buyout, is the fact that API is one of the two lowest cost per gram cos in the business.  WEED, by contrast, is the highest by a long way.  As a former WEED holder (until today), that to me is a reason to sell at today's inflated WEED price and buy more API. We are only at the start of API's SP increase, IMO. Cost per unit product relative to sell price - in every business  - is one of the primary factors determining profits, which in turn means more expansion without so much SP dilution or borrowing.  This is a new industry, but the same old laws apply.
Bullboard Posts