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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 IrishCanuckon Nov 27, 2020 7:44am
174 Views
Post# 31987468

RE:RE:RE:Another 52 week high

RE:RE:RE:Another 52 week high

Decriminilzation and desclassifying cannabis as a Schedule 1 drug is enough to flood pot stocks with money though. It would allow huge banking transactions and investments. I think it might allow cross-state transportation but I might be wrong on that one?

One of the most efficient ways to rebuild an economy would be to legitimize cannabis to take it off the illegal economy. You would have construction, agriculture, retail, manufacturing, transportation and hospitality have an uptick. And you wouldn't be adding more of your population to prison. The federal government could still collect taxes from Colorado while it's illegal in the Carolinas

If they decriminalized it federally states could still keep ot illegal if they "wanted" as you said, I agree. But why would a state ban it to only make their citizens add taxes to the state next door. New Jersey is about to have a boom with all the New Yorkers and Pennsylvanians about to enter for weed tourism
 

I'd be surprised if Democrats won either Senate seat, althought I'd be happy with one. In either case, I don't see it much of a challenge to get two Rebpulican Senators to pass the bill anymore. Under Trump no way but can easily see some straighforward political deal to scratch each other's backs

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