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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 Viking49on Oct 16, 2020 2:42pm
122 Views
Post# 31729651

RE:distribution income

RE:distribution income

HopefulJuan wrote: Can someone please explain what distribution income represents? First shipment to Germany just happened so not understanding what they are distributing. My bad if it has already been discussed.
 

 

CCPharma which is owned by Aphria is a leading importer and distributor of EU-pharmaceuticals for the German market and distributes products to over 13,000 German pharmacies.

Aphria has now completed all regulatory certifications and are sending cannabis shipments from Aphria 1 to Germany for distribution through the CCPharma distribution network.

The flow has started.  CCPharma network will also be used for distribution of cannabis from Aphria's German grow facility which will complete construction this quarter.

Incremental steps all leading to ongoing revenue growth.

 

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