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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
Post by PeterMacd2on Oct 11, 2019 9:49am
202 Views
Post# 30221442

As of this morning

As of this morningAPHA is worth just CAD$1.56 B according to the share price.  That's LESS THAN cash on hand of ~$0.5B plus assets (phyical property, current crop, intellectual property) plus this quarter's expected revenue (very conservatively, lets say CAD$120M). No value at all is given to future prosects, which are excellent for all the reasons many have discussed here. So the share price doesn't reflect anything to do with reality.  Our decline yesterday - ~13% - was the same as most other major MJ players.  This is sector-wide hit because of a string of bad news out of other companies.  So hold your shares.  You only incur a loss IF you sell at a loss. 
Bullboard Posts