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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 Outhereon Nov 07, 2020 10:57am
218 Views
Post# 31857411

Selling is good

Selling is goodI love buying dips and selling rips.  By selling my shares I'm giving up my shares at a higher price, making a profit but also get new shareholders in at a higher price which keeps folks around.  

The selling the Friday is not concerning at all.  I do think the selling had some fears of not understanding how Sweetwater will be a cannabis play.  In fact it really isn't a cannabis play at all because its not a licensed MSO.  This is just one for the portfolio and income statement. 

More to come in terms of the US from what I'm hearing. 
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