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 ZipLokBaggies4Uon May 26, 2020 11:10pm

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RE:Why move to the NASDAQ ?

“...in light of Aphria's strong balance sheet, and Aurora's recent acquisition of a U.S. CBD company, another possible read here could be M&A, and a move into the U.S. potentially on the radar,” he wrote in a note to clients on Tuesday. “Unlike peers, we don't see a purchase of a CBD company as the likely route.”

Analyst Owen Bennett of Jefferies Financial Group on NASDAQ listing

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