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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 NorthSunon Sep 07, 2020 12:46pm
204 Views
Post# 31517926

Aphria's (NASDAQ:APHA) stable and growing business

Aphria's (NASDAQ:APHA) stable and growing businessThe value of a good leader with a tight grip on company expenses is evident from Aphria's (NASDAQ:APHA) stable and growing business. Ever since Irwin Simon took the reins of Aphria in March 2019, it has been consistently profitable over five quarters. Aphria's revenue numbers are among the highest in the sector. For its fiscal year 2020, the company reported total revenue of CA$543.3 million, a triple-digit year-over-year increase of 129%. No other Canadian companies have come close to what Aphria has achieved in terms of revenue.

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