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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 arblineson Apr 03, 2019 9:27am
102 Views
Post# 29575034

Long term infrastructure = Long term position

Long term infrastructure = Long term position" Go for a business that any idiot can run - because sooner or later, an idiot probably is going to run it." Peter Lynch
 
Unfortunately, this applies to Aphria until they get a new board. On the plus side, Aphria is located in Leamington, Ontario (the green belt). This is of importance because a company, named Heinz, based their Canadian tomato production there --- it is safe to say they understand the importance of COGS and margins. This small town has the same latitude as San Francisco, and is located below 7 states. This is huge advantage compared to its peers.
For instance; Aurora decided on a place called Edmonton, AB for their Sky Facility. This city is over 1000kms north of Leamington. Their acquired growspace from MedReleaf is located downtown Toronto which would also incur huge costs. Not all production numbers are created equal, and you can't simply move 100s of millions, or in some case, billions of infrastructure after it is built. These facilities will become worthless once the rest of world catches up.
 
For those who don't enjoy playing the market noise and day trading. This is a long term pick that will still be here years from now when the dust settles.
Be gentle, my first post. Happy trading!

Bullboard Posts