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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
Post by skyplton Feb 20, 2019 6:07pm
328 Views
Post# 29390870

Surprise

Surprise LHS appears to have had a net positive impact (Tilray likely played the major role in today’s greening of APHA).

Though it is reasonable to see leaving LHS as a departure from the Vic/Andy show; there is reason to believe this is a “Knight to Queen’s Pawn” type of chess move that is getting Aphria closer to a major buy in or joint venture.  I am really liking how the acting CEO is playing this.  

Looking forward to getting another Aphria PR e-mail sometime soon.  This company is beginning to live up to the potential many of us here know it has.

Most MJ companies are what Texans would consider “big hat, no cattle” type of ventures.  Aphria has the cattle...was just missing the governance.  Interesting that ACB is taking action to beef up their Board...they get the benefit of seeing APHA short attack from the sidelines but are not letting the lesson go unlearned.  Good for them.  I would actually consider buying ACB if it was not for the share dilution and lack of a PE.
Bullboard Posts