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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
Comment by danocoatson Jan 23, 2019 9:02am
101 Views
Post# 29269236

RE:RE:why would they even sell for $11 let alone$15

RE:RE:why would they even sell for $11 let alone$15My friend obviously you didn’t see last quarter financials and unfortunately it doesn’t get better. They have very low amounts of product for distribution which is the reason they’re trying to fight Canopy for the previous negotiated contract for distribution with Tokyo Smoke. In addition with the looming law suits there’s no company in its right mind that would make a counter bid and no bank/lender that would give this company a dime. So what does this mean, bankruptcy possibly or maybe keep the company and sell off the assets but they need to hurry before case goes before a judge. Guys the writing is on the wall with this one, it’s done. Back when Aurora was diluting shareholders acquiring those companies everyone was crucifying Cam and crew back then I said overtime we would be able to access whether they were all geniuses are a bunch of fools. I think now it can be determined that they were geniuses because without those purchases they would be exactly where this company is which is a couple of months from bankruptcy, six months at the most.
Bullboard Posts