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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 BuddingInvestoron Oct 28, 2018 1:56pm
117 Views
Post# 28884443

RE:RE:Go Blue

RE:RE:Go Blue
GoBlue2016 wrote:

BuddingInvestor wrote:
I would appreciate your opinion on what quarterly results we will begin to see rec sales on. I understand the terms of sale are probably not known but your best guess would be appreciated. Thanks in advance


My best guess is booking of sales is at invoice not shipping. Weekly invoicing. 

A reserve set up (current liability) for returns. 

Expect rec sales began booking in Sept. 

GoBlue


Thanks for the quick response Blue. It's always nice to see you posting on this board. Your knowledge of financial statements is very impressive. So thank you for sharing your insights over the past couple of years
Bullboard Posts