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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 Foxx248on Apr 24, 2019 1:04pm
138 Views
Post# 29664782

RE:RE:My ride with Aphria ...

RE:RE:My ride with Aphria ... @freedomfiddy ... re your statement: "It also appears you didn't have enough faith in MJ stocks to hold on in order to sell at higher levels."
Well, I do think MJ stocks, including the ones I owned, will go even higher at some point. When? Who knows. In the meantime I want to generate growth in other ways. Will I wish I had still my APH stocks when it hits $50 ... of course.

I switched approaches because I'm no longer looking for a big jump on a smaller investment ... rather, now going for steady growth on a much bigger investment. So it has less to do with how much faith I have in MJ stocks, and more to do with the change in my personal situation. It also appears that the timeframe to reap higher payoffs for some or all of the MJ stocks I owned is going to be longer than I originally anticipated, so I personally wasn't willing to wait it out. But I do think that time is coming, the question is when. I don't think anyone is crazy for waiting it out if they have shares in a quality MJ company.
Best,
Foxx
Bullboard Posts