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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 Oct 21, 2020 10:39am
154 Views
Post# 31754587

Canada & Germany Just Getting Started

Canada & Germany Just Getting StartedToday ithere are 800 stores across Canada and if they go to 3,000 stores we think for Aphria that's another $200 million, $300 million for sales. We anticipate margins staying in that 50% to 54% range going forward. You will see are margins continuously improve through our CC Pharma distribution company as well, which will sell more and more cannabis that are higher-margin products. There's a big, big opportunity in Germany and that's why we acquired CC Pharma for that distribution to be able to sell medical cannabis into the drug stores with high margin products. As you heard us say, our first shipment went a couple of weeks ago, and hopefully that continues more and more. I think Germany will be the first country in the EU that will legalize recreational cannabis, and there's been plenty of discussions there. And if and when that happens we will be there ready with our facilities, having won the tenders and its a big, big opportunity.
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