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

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Aphria Inc.

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Comment by CanadianProud04on Jan 12, 2019 12:37pm

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Post# 29223044

RE:RE:Altria deal comments!

thorgb1 wrote:

castle123 wrote: I keep laughing at these posts that claim Vic blew the Altria deal! Were you at the table? NO. You wanted a quick deal, move APH to $25 sell and run.
I wonder what the same bloggers will be saying in 2-3 years when APHA is a global glomerate trading at $50-$60 a share.
i know what you will be saying! “ sure glad Vic didn’t sell out to Altria!”
Have a nice day!

Altria was a big, big mistake by Vic any way you slice it. It would be a much easier run for APHA to 50 bucks with a couple of billion $$ war chest in the bank and never having to worry about financing again. A big investment would have been good for short term gains, and provided long term stability. And, most don’t know, there was apparently another household name in the shadows ready to piggy back on the Altria deal and move in for a major JV that would have rocked the whole industry. That deal gets done, the shorts never show up and this is probably never under $20 again. Instead, lots of people lost a lot of money and had terrible holidays. It was a critical error.