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

Aphria Inc.

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Comment by gottahunchon Jan 25, 2020 1:11pm

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Post# 30598650

RE:RE:Bet more smart money flows in now

Those are standard disclaimers.

blackredblack wrote: The 100M isnt soley for "the" investor. People dont get ahead of urselves on this.

Money use: Int' expansion/ working capital/ general corprate purposes.

They have enough cash for the latter 2 points. Irwin needs to come clean. Too many questions than answers. What int'l edpansion...Europe/Ltam? Jamaica?

From the News article:

Each unit is comprised of one common share of Aphria and one-half of one common share purchase warrant of Aphria. Each warrant will entitle the Significant Investor to acquire one common share at a price of $9.26 for a period of 24 months from the closing date of the Offering.

The Company intends to use the net proceeds from the Offering to finance international expansion, working capital and general corporate purposes