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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 Jan 05, 2021 12:49pm
154 Views
Post# 32224436

RE:is this board happy for DEMS or REP to take senate?

RE:is this board happy for DEMS or REP to take senate?Honestly I think it's good either way, it just depends on your time horizon, and I don't think you're selling weed in the states before 2023 even if it's legalized tomorrow. 

Dems winning gets an amazing short term pop, lots of momentum. The whole sector would rally. This is the easiest way to get rich quicker so I'm inclined to prefer this one :) Would love to see this baby hit $20+

If Republicans win either seat there might before a downturn until earnings but the stock market won't be volatile turning over into Dem friendly stocks. But if it remains illegal federally then Aphria's long term plan will solidify the business and we'll be ready to grind it out as the competition burns cash. Aphria will keep expanding in Canada and globally, allowing the branding on Sweetwater and CBD products take root in America
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