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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 BearBull007on Dec 04, 2020 3:41pm
411 Views
Post# 32039343

MORE Act does not apply to Canadian marijuana stocks

MORE Act does not apply to Canadian marijuana stocksAccording to the guy in this video https://www.cnn.com/2020/12/04/business/cannabis-more-act-house-vote/index.html
the MORE Act does not apply to Canadian marijuana stocks. In his opinion, Canadian marijuana stocks are not going to be legal in the US anytime in the foreseeable future. The cannabis reform will be good news for the US multi-state operators, not so much for the Canadian operators that don’t have licenses for marijuana in the US. There will not be a recreational adult use federal legalization, there will instead be reform, not full legalization where it’s the wild, wild west.

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