Reminder for the longs
1- Ignore button for non constructive posts is your best friend
2- Aphria expects 500M (115 000 Kg) by the end of fiscal year 2019 (Excluding CC Pharma)
3- Aphria expects 1B (255 000 Kg by the end of fiscal year 2020 (Excluding CC Pharma)
Link for fact #1 and #2 : https://www.fool.com/earnings/call-transcripts/2019/04/15/aphria-inc-apha-q3-2019-earnings-call-transcript.aspx
4- CC Pharma registered 262 M euros revenues for fiscal year 2018 which means 395M canadian
Link for fact #4 : https://aphria.ca/blog/aphria-completes-acquisition-of-cc-pharma-leading-german-pharmaceutical-and-medical-cannabis-distributor/
Assuming CC pharma keeps the same performance:
Revenues fiscal year 2019: 500M + 395M = 895M
Revenues fiscal year 2020: 1B + 395M = 1,395B$
5- The so called leader of the sector Canopy Growth Corp is projecting 1B$ revenues for fiscal year 2020
Link for fact #5 : https://www.ctvnews.ca/business/canopy-growth-ceo-expects-to-hit-1b-in-revenue-for-fiscal-year-2020-1.4381880
6- Weed is worth 7 Aphria in terms of market cap yet they can only do 1B$ revenues for fiscal yer 2020
Yup thats the magic of DD, you're welcome