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Aphria Inc. APHA

Healthcare Drug Manufacturers - Major Cannabis
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 ProfCorneliuson May 08, 2020 6:54pm
386 Views
Post# 31005667

RE:RE:Comments Regarding Aphria Sheds Staff Amid Strategic Shift

RE:RE:Comments Regarding Aphria Sheds Staff Amid Strategic Shift

RolltheDice2020 wrote: This comment is what has me a little intrigued.... I'm strategically changing our business and doing some consolidation," Simon said


PART 1) We are on course to becoming a large CPG company.
PART 2) Aphria is profitable and EBITDA postitive but I will make her leaner and even meaner!

As for today, we paid 96M in share capital to get rid of 127.5 million in debt plus 20 plus million in interest savings.

The balance sheet will be cleaner but it still hurts short term... :(

Long term, I like this move.

Prof




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