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.

<< Previous

Bullboard Posts

Next >>

Post by NorthSunon Aug 18, 2020 6:41pm

255 Views

Post# 31425554

A Leading Canadian Cannabis Grower

Aphria Inc. (NYSE:APHA) is one of the most popular Canadian marijuana stocks. In the past few years, APHA stock has grown substantially due to the company’s overall growth. In its most recent quarter, Aphria reported profits of around CA$130 million which is quite substantial. This was big news for APHA stock and led to the company garnering a lot of attention. As of may of this year, APHA stock reported having almost $500 million in cash. This number is less than the amount the company had in the prior quarter, but it is still a significant amount of growth.

During its most recent quarter, APHA stock also reported selling 20% more in cannabis than it had in the previous year at the same time. Because of this, it looks like Aphria could be headed on a solid growth trajectory. Of course, we have to note that APHA stock is known to be quite volatile. This is simply due to it being one of the largest cannabis stocks in the industry. Despite this, it remains a leading pot stock to watch.

<< Previous

Bullboard Posts

Next >>

Viva Gold brings new drill program and updated PEA to Nevada project