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

Aphria Inc.

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Comment by kingbearon Jan 08, 2019 11:51am

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Post# 29200607

RE:RE:Please explain...

$11 was not based on GGB's price at the time of the announcement. GGB was around $5 at the announcement. $11 is based on a hypothetical $7 GGB share price. GGB has never hit $7 in it's history, making the offer an embarassment.

mbuch wrote: $11 was based on the GGB stock price at the time of the announcement. Since it is a stock bid rather than cash and GGB share price has dropped APHA is not trading at $11 but rather around the price of whatever the stock conversion price might be.

Shazam75 wrote: There is a takeover offer of $11/s. Why is it not floating around that? When aurora did the hostile takeover of maricann their stock went through the roof.