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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 Bob56on Oct 23, 2018 8:29pm
90 Views
Post# 28860783

RE:RE:Altria earnings...short read

RE:RE:Altria earnings...short read

This Seeking Alpha article is literally a rehash of what the market already knows: that Altria is in talks with Aphria. 

The link to the original article is in the post on October 10th:

Aphria stock rose 14.1%. The Globe, a subscription news site, citing multiple anonymous sources, said Altria was interested in a minority stake in Aphria with the intention of acquiring a majority stake in the longer run, but the deal terms are not final.

The framing of the article is a careful choice of words to trick those readers who aren't paying attention.




skyplt wrote: What?  This article suggests Altria has “confirmed” a minority stake in Aphria?  

This is is the first time I have seen this.

Surely there would have been a NR?

Excited by the prospect, but am surprised this is how we would find out.

 

ThisIsNoGame wrote:

Altria Earnings: What Comes Next?

 
|
 About: Altria Group, Inc. (MO)Includes: BTIPM

Summary

Altria shares continue to build on the progress made since the middle of May, as recent news headlines centering on entrances into the cannabis market have stoked investor optimism.

The company's expansion efforts into the cannabis industry have been solidified with recent announcements to partner with Canadian marijuana grower Aphria.

Upcoming event risks are seen during the company’s next earnings release, but Altria has beaten analyst earnings performance in each of the last four quarters.

Altria's 5.17% dividend has seen growth rates of 8.32% over the last five years and the company's 49-year history of dividend increases is largely unparalleled in the financial markets.

This suggests short-term dips in the stock should be viewed as new buying opportunities for investors focused on income generation.

Recent news events have been supportive for Altria (MO) shareholders, as the company appears to be making monumental progress in redefining its image and its brand offerings. The market's classic cigarette maker has confirmed its interest in buying a minority portion of Aphria, Inc. (OTCQB:APHQF), which is a Canadian cannabis growing company with well-positioned resources in the industry. Altria has explained that it would be possible to expand its exposure into a majority stake at a later date, and these efforts in brand innovation have the potential to reinvigorate investor interest in the stock going forward. Of course, the viability of Altria's expansion into the cannabis world remains uncertain. But broader weakness throughout the traditional tobacco industry may have created new buying opportunities for MO. The stock's supreme 5.17% dividend yield has sustained itself at levels far above the averages seen in the S&P 500, and Altria's next earnings results may confirm the upside momentum in share valuations which has held in place since May.

 

 
 
 
 
Source...seeking alpha




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