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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 Savage97on Sep 13, 2020 9:12am
195 Views
Post# 31549577

Supply Deals Q2 Increases Stronghold w Competitive Advantage

Supply Deals Q2 Increases Stronghold w Competitive Advantage
“We see the ability to supplement the German market with export sales in Q2. As we've now secured all of the external permits necessary, we're just waiting for the one from Health Canada to make our first shipment. We expect the first sale to happen just at the end of Q1, early Q2. We're also looking at using our Canadian operations, as we talked about earlier, to enter into the Colombian market with that product on an interim basis based on all the changes that were happening in COVID.”
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