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Aphria Inc. APHA

Healthcare Drug Manufacturers - Major Cannabis
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

Aphria Inc. > My Two Cents
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Comment by blackredblackon Dec 18, 2020 9:26am
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Post# 32138866

RE:My Two Cents

RE:My Two CentsGood post CProud....but read the news headline below. Looks like Aphria will be a subsidiary and run its own show...So it is still called Apria lol or Tilray? Hmmmmmm

Canadian cannabis superpowers, Tilray and Aphria, reveal CDC$4.8B merger

  Stockhouse Editorial
0 Comments| 26 minutes ago
 
 0
Two of the leading players in Canada’s cannabis sector have announced merger plans that will create the world’s largest weed company. Leamington ON-based Aphria Inc. (APHA) (TSX.APHA) and Nanaimo, BC-based Tilray Inc. (NASDAQ: TLRY)
announced an all-share deal giving the new cannabis behemoth a market value of CDN$4.8 billion at press time, with the two companies’ combined revenues over the past 12 months amounting to an industry-leading £507m

Aphria will continue to operate as a wholly-owned subsidiary of Tilray, with combined corporate offices in the U.S. (New York and Seattle), Canada (Toronto, Leamington, and Vancouver Island), Portugal, and Germany.


The Market Herald Canada’s Oliver Gray has the full story here.

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