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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

Comment by mbuchon Sep 07, 2020 1:14pm
251 Views
Post# 31517984

RE:Looking to get long this week

RE:Looking to get long this week
Outhere wrote: I have set my bid in to buy APHA at 5.88 CDN.   I believe we are 3 - 4 weeks away from this thing going on a decent run.  

Also, correct me if I'm wrong, but didn't the CFO say they're looking to make a acquisition in the next few months?


Yes they did mention that, and expect Simon to dilute the shares some more, despite how much money they have in the bank, so he can keep the share price down.

This stock will be pinned ~mid $5 to ~mid $6 for a few years. I wouldn't exect any type of "run" in the next few months.



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