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.

Bullboard Posts

Comment by Avatarhashon Jan 10, 2019 6:39pm

132 Views

Post# 29215487

RE:RE:RE:Tomorrow

Thanks thorgb1. what is your prediction of revenue tomorrow? Do you think we get rebuttal tomorrow ?

thorgb1 wrote:
telecaster_400 wrote:
It all depends on how much of the 8400kg in inventory was sold and how much of the last 3 months production was also sold. I'm thinking they sold at least 10,000 kg all told and at an avg price of between $5 and $6. If true, we could see $50m+ in revenues which should be enough to give them a profitable quarter unless they took a beating on investments.

Beating on investments? This quarter will show the cash from the LHS transaction, as well as the likely sale of roughly $20M worth of CGC they acquired via the Hiku acquisition. Should be all good and the cash position should show positive for the quarter.