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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

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Post by newfrontierMJon Feb 19, 2021 9:02am
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Post# 32607745

Canadian Cannabis Sales Bounced Back Strongly in December

Canadian Cannabis Sales Bounced Back Strongly in December
Statistics Canada released December retail sales for the country this morning, with cannabis sales growth increasing sequentially. Sales of C$298.4 million rose 14.3% from November, which had fallen 3% from October levels, and rose 102% from a year ago. In November, year-over-year growth had slowed below 100% for the first time, gaining 93%. For all of 2020, cannabis sales increased 121% to $2.62 billion.
 
https://www.newcannabisventures.com/canadian-cannabis-sales-bounced-back-strongly-in-december/
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