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 12:56pm

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Post# 29223109

RE:RE:RE:Altria deal comments!

40Baggs wrote: Bingo! Notice that as soon as Vic annouces retirement, QCM moves onto other projects. Seems that their true goal now complete. I recall Vic on BNN saying something along the lines of not wanting a partner that "just brings money to the table, but a certain image". Clearly not wise to publicly offend a large US suitor after you just shafted them on a great offer.

It's a different story if we're at full capacity and $100M+ a month revenue, but we're still a small fish for next 6 months and they had no place to offend a massive whale like they did. As PROF put it, it was the biggest mistake in Canadian business history and all LONGS suffered into the Christmas holidays. We would not be trading below $18 if that deal goes through and it was CEO's fiduciary responsbility to secure it for the shareholders best interests, many of who are now underwater because of a very poor decision at a critical juncture of the businesses growth. APHA will flourish, but not with the decisionmaker(s) who kaibooshed a slam-dunk deal.

thorgb1 wrote:

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.