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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 SmellsFishyon Feb 07, 2020 12:11pm
141 Views
Post# 30658557

Difference between Good and Bad

Difference between Good and BadAphria gets a $100 million investment.   Good

Aurora gets added pressure from banks.  Bad

-Adjustment of the total funded debt-to-equity covenant to 0.20:1 commencing in fiscal third quarter 2020, from 0.25:1 currently

-Reduction of the total facility size available by $141.5 million

-Introduction of a new minimum liquidity covenant of $35 million

-The introduction of a covenant requiring Aurora to achieve positive EBITDA thresholds beginning in fiscal Q1 2021
Bullboard Posts