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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
Post by BillionaireBoyon Dec 31, 2018 3:40pm
177 Views
Post# 29173173

Why Aphria has not Pushed Back on Green Growth Bid!

Why Aphria has not Pushed Back on Green Growth Bid!I believe that Aphria has not pushed back harder on the Green Growth bid is probably due to the fact that they may be in negotiations with a third party for the Takeover of the Company! If there were no other suitors then I would expect Aphria management to be much harsher in dealing with the weak Green Growth bid which grossly undervalues Aphria shares! I would bet on a new takeover offer from another party - Hopefully Tilray!
Bullboard Posts