APHA stock has a lot of potential upside Not only is Aphria one of the largest marijuana companies with a market capitalization of $1.30 billion, but the company’s stock is outperforming the broader sector. Since August 2019, APHA stock is down 25% to $4.63 a share, compared with a decline of 52% for the Horizons Marijuana Life Sciences ETF, which is widely used by analysts as an industry benchmark. There’s reason to be bullish on Aphria, which is doing better today than many of its peers.
https://finance.yahoo.com/news/7-marijuana-stocks-buy-industry-150223679.html
Aphria is moving aggressively into the cannabis derivative market that includes edible products, and is also focusing on vape products, where it is currently the market leader. Also, Aphria is ranked No. 1 in the adult-use recreational cannabis market in Canada, where the drug is 100% legal in all jurisdictions. And, Aphria is also having success expanding into Europe, notably Germany, due to several strategic acquisitions.