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

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Aphria Inc. > An explanation about the $11.5 Million Senior Secured

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Comment by Daredevil1964on Oct 01, 2020 9:27am

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RE:An explanation about the $11.5 Million Senior Secured

Aphria sold it's interests in Hydrx, which was basically a loan to Hydrx for 5 million to PUMP. I believe the original debenture was for 11.5 million. Aphria may of let this debt go to long, but at least they got money back. PUMP bought the 50 million dollar facility for basically 5 million. the kicker is the facility may have some important licenses.

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