RE:RE:APHA net rev $126.1m, wait for Canopy ...........Aphria's revenue and net profit are a result of cost control and a path to being profitable. This is what Canopy was not able to do and why Bruce was let go. You now see why Mike Lee is CFO (former CFO with STZ subsiduary) and David Klein (current CFO of STZ) is now Board Chairman. It's all about cost control now and I will wager the new CEO will have a history of cost control with previous companies.
Aphria's revenue/profit was also from foreign contries like Germany which Canopy has not really executed on other than Storz and Bickel.
This is a good news/bad news story. The good news is that Aphria has shown what cost control and foregn operations can do for a company. The bad news is if Canopy can't report good revenue numbers on Nov. 14 meaning north of $110 or even $130 million , then the stock will bleed badly. I believe they can report good numbers, but I've been dissapointed and wrong before.