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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

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Post by Savage97on Aug 04, 2020 9:23pm
213 Views
Post# 31364620

Aphria #1 in Canada without a 28 gram offer

Aphria #1 in Canada without a 28 gram offer

Aphria maintained its No. 1 net revenue position, widening the gap from our next closest competitor. In terms of adult-use gross revenue, Aphria moved from No. 2 to No. 1 in Canada with a 26.8% growth. And Aphria continues to maintain its No. 1 ranking when compared to its closest competitor on an adjusted-EBITDA basis.  

Ontario

The Company has doubled market share over the last nine months. In the fourth quarter, the Company grew from 13% market share to 16.1% market share and continues to maintain the leading licensed producer position in market share in total sales in Ontario, widening the gap from competitors. For the month of May 2020, Aphria ranked first in brick and mortar retail channel with 17.5% total market share. This was achieved through strong sales from the Company’s flower maintaining its number two position with 15.5% and pre-rolls, oral sprays and vapes maintaining number one positions with 22.6%, 55.1% and 23.5% share of market, respectively. For e-commerce sales, the Company achieved 14.6% share across all product categories, securing the number one licensed producer position overall in Ontario, combining both brick and mortar and e-commerce sales.

Alberta

Aphria currently ranks as the number one licensed producer across all product categories by dollar amount. For the month of May, the Company ranked first amongst its peers holding a 12% share of the Alberta cannabis retail market.

British Columbia

The Company continues to grow market share in BC increasing share by 2.7% in Q4.

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