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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

Post by Savage97on Aug 14, 2020 10:14am
245 Views
Post# 31408019

Market Taking Note Aphria Leading in Market Share

Market Taking Note Aphria Leading in Market Share

Aphria reported sales of CA$152.2 million in its most recent quarterly results. That was up 5.4% from its third-quarter results and an 18.4% improvement from the prior-year period. 

First-quarter 2021 results, released Aug. 10, showed Canopy Growth's revenue for the quarter at just CA$110.4 million. Although that was a 22% increase from the prior-year period, it's still well short of Aphria's tally. 

Aurora's most recent quarterly results, which the company released on May 14, showed even lower net sales numbers of CA$78.4 million. Aphria's lowest sales number over the past five reporting periods was CA$120.6 million, still higher than either of its two Canadian rivals' most recent results. 


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