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 Mixednuts07on Feb 06, 2020 6:04am

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Post# 30650189

RE:About the $100m

Zippalu wrote: "We did not go out looking for the $100 million raise. The investor came to us, was impressed by our operational achievements, the management team and our corporate strategy. They wanted to be part of that story and offered us the $100 million. Since we were in a situation where we didn’t need to raise the funds (to remain financially viable), we considered the offer and negotiated terms consistent with our position of strength (not needing the funds)"
C. Merton
Will the investor ante up more?

WHeee cool

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