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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 Ventura2020on Dec 07, 2020 1:03pm
149 Views
Post# 32050174

RE:RE:If you want to stick with the sector

RE:RE:If you want to stick with the sector

And...went to low $8/high $7 as I said, good entry point. I believe $7.98 is support for now.
Agreed, charts are pretty much identical and Aphria the best !

CommonCentsforDollars wrote: You buy the best company and that is Aprhia. That is how it works. 

Not sure how you see Aphria's chart as toppy and WEED as bullish. Pulling up charts and they look extremely similar.  Funny how you think the cash burning machine WEED is a better bet than profitable Aphria. Weird.

Today's consolidation day is healthy and rolling out exactly like I said it would.

Good luck to everyone!

 

LeJames wrote: Cashed out on Friday and loaded up on WEED. Of course one can argue if APHA drops it may drag the entire sector down, but my base case has been Aphria will need to do an offering pretty soon while Canopy doesn't. Plus, the chart of WEED looks more bullish than the APHA chart which def looks toppy. If you don't think this sector-wide rally is done and want to stay in the sector, WEED would be a better bet IMO. 




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