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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 Daredevil1964on Sep 03, 2020 11:41am
289 Views
Post# 31504019

Irwin needs to stay in a holding pattern, until we see the

Irwin needs to stay in a holding pattern, until we see theeconomy reverse. We all understand that there are many good distressed assets available now, but Irwin needs a return on any deal. With an economy that is uncertain, Irwin is in a holding pattern. He can't spend the money for an asset unless again there is an immediate return. This economy and market are too unstable. APPL and TSLA are not worth 30 to 40 times their book value. Nobody is buying cars and phones in this uncertain economy. No one has a job in the US. Also, it is best to hang on to the funds at the moment. Those funds buys APHA survival time, until the economy sorts itself out.
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