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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 Vinny57on Feb 27, 2020 2:25pm
211 Views
Post# 30742597

Go figure

Go figureToday we dropped below the December 5th., 2018 low of $4.76. That was all about the Short Report and the unproven fact that Aphria was a crooked shell company with crooked management and very little in the way of assets...... Remember???  Fast forward to today. The $100 Mil diluted our investment. That is a fact, and I would still prefer that didn't happen. However, Aphria is sitting with a strong balance sheet, D.D. is completed and filled with product about to be harvested, Europe's windfall is on the horizon. LatAm is cleared up, and there is enough cash in the banks to cover deficits. Yet, here we are back it the $4s.  Do you REALLY THINK we will stay here? The smart ones know better ........and they are buying.
Bullboard Posts