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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.
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Post by CommonCentsforDollarson Jan 25, 2021 4:13pm
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Post# 32378468

Cannabis stocks

Cannabis stocks“We believe the momentum of legislation at the state level and more importantly federally will continue as catalysts for the sector,” said Alliance Global Partners analyst Aaron Grey in a note to clients. “Regarding companies within our coverage universe, we continue to believe execution within the current state by state legal environment will drive outperformance in the US, while having a low-cost structure will remain key in Canada as pricing pressure persists. “

Now, New York Gov. Andrew Cuomo is pushing hard for the Empire State legislature to legalize, and get past the discord in the past over how to ensure communities hit hardest during prohibition benefit from a legal sector. The governor has overhauled his approach, has devised a new tax structure and believes this time, it will work.

https://www.marketwatch.com/story/cannabis-stocks-slide-as-investors-lock-in-gains-driven-by-hopes-that-biden-will-usher-in-reforms-11611602671?siteid=yhoof2

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