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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 treehugger2on Apr 17, 2019 1:04pm
32 Views
Post# 29638970

RE:Convertible debt

RE:Convertible debtKey question: When conversion happens, would the $300M amount be converted to APHA shares at the price of the share prise at the converted time OR would the conversion be at yesterday's- today's (artificially deflated) price i.e., at the time of the contract's (deal agreement) signing? If the later is the case, wouldn't that be better to issue straightforward shares at this time? Second point: from now to then, what is the semi-annual interest that Aphria has to pay on the $300M loan? Would that be a fixed amount one wonders that favours Aphria?

Bullboard Posts