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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 PeterMacd2on Jul 30, 2019 11:28pm
262 Views
Post# 29977720

RE:For the Last Time

RE:For the Last TimeI agree with you Vinny57. And things will be even more so by end of FY2020. Oxford Club did an interesting comparison of Cdn pot stocks P/S about 6 weeks ago, and APH ranked in the middle of the pack at about 8. Now they'd be about 6. Let's say the ratio holds next year when sales may be $1B. Right now we're a $1.8B company with our comparatively low sales numbers. Even if Simon overestimated 2020 results by say 30%, sales will still be $700M. Do the maths folks. Stop looking at the trees and see the forest. Forget the snot-nosed shorters & trolls. Stop obsessing over every daily up and down in SP.  Do you think the big alcohol cos. went up continuously after Prohibition ended?  Read the histories of Seagrams or Sleemans or any other co. that started back then. That is where this industry is now, at the sometimes bumpy start of a long expansion into a profitable future.
Bullboard Posts