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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

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Post by CaneIsAbelon Nov 02, 2020 2:15pm
168 Views
Post# 31823838

I copied and pasted this from an article

I copied and pasted this from an article

My Question is did Irwin Simon hinge our future SP on a Biden win?  You need to ask yourselves if that's good leadership. If Biden does win then will see in the months that follow what Irwin Simon brings us and if he makes good finally. 

3. Aphria

Aphria (NASDAQ: APHA) disappointed investors with its fiscal 2021 Q1 results announced last week, but its stock could enjoy a big rebound on Election Day with a Biden victory. 

CEO Irwin Simon is no stranger to the U.S. consumer goods market with over 25 years running New York-based food company Hain Celestial. During Aphria's Q1 conference call, Simon said that "the up and coming U.S. elections could provide for a change in federal regulations, which Aphria will be ready for."

Aphria doesn't have a U.S. partner like Canopy and Cronos do. However, Simon stated in the company's recent call, "There are multiple partner opportunities for us ... we want to pick the right one." If Biden wins in November, look for Aphria to move quickly with its deal-making efforts.

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