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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 TrendSwapperon Oct 03, 2018 2:35am
182 Views
Post# 28735076

RE:RE:Trulieve the best stock out there in my eyes.

RE:RE:Trulieve the best stock out there in my eyes. I took a modest position as well in Trulieve, but the play isn't as good as it looks on the surface once you dig into the details. My main concerm is that their fully diluted market cap is about 2 billion, which does not come close to justifying their revenue at the present time. They will increase revenue over tjme but the question I ask myself is, what is the potential in their space? They already have 85% of the medical market share in Florida, so unless rec transpires or they expand to other states, they just don't have much more to tap into. With the burgeoning market they are more likely to lose market share in Florida than gain it at 85% standing. A good long term play but I definately would not bet the farm and believe there are better opportunities that exist. The hype and incredibly low float will drive the price up short term In my opinion. Glta
Bullboard Posts