RE:re:Reddit: Aphria 2 new trademarks. Thoughts?Huge?
- They won't be able to compete with the money that Canopy and Cronos have
- They will need to raise money soon regardless but they'll need to raise a TON if they want to make any sort of meaningful expansion into the US or anywhere else. Last time they raised money it was a giant slap in the face to shareholders as it was done at a price below the share price. If I remember correctly we were trading around $13 and it was done around $11.79 or some s.hit.
- We currently have ZERO brand recognition or brand power and we'll be competing with well known brands from the giants that have already entered like Constellation/InBev/Molson/Altria. Those companies have bottling/packaging/formulation facilities all over the world. We have greenhouses in Leamington.
Without a partner Aphria will continue trading as a higher risk investment in comparison until fundamentals really start to wow people, which should happen at some point this year. After that growth will really start to slow down if we continue to do it organically and alone. I prefer a partner or equity stake any day.