RE:RE:RE:Not explodingThere is a lot to unpack here
1) If you you're lumping all microbrews into one group, why are you with pot stocks if Aurora lost 2.6 BILLION in the last fiscal year? Right, because companies vary. Let's not all pretend we became pros in craft beer business models since 4pm yesterday
2) Why would you buy four smaller companies to integrate them instead of one established in 27 states?
3) Legalization is a ways away, that's why Sweetwater is accretive now so you can be patient as you build brands and the company. Their foothold will be massive as they carve out regions the other pot companies are not in yet. Aphria will have a music festival sponsored in an incredibly liberal city of Atlanta every year the way beer companies murder each other for Lollapalooza and sporting events. It's AMAZING
4) Yea, that's why Aphria is a GROWTH stock and not paying dividends... they're shoring up their business with paying bills... it's not dead weight like Aurora. Cronos reported this morning and while they're sitting on billions of cash, their sales are 11 million per quarter. Do you want sluggish growth and cash like them or do you want 650 million in sales with Aphria?