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

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Aphria Inc.

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Post by Rob1407on Mar 30, 2021 11:10pm

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New York State Legislature approves recreational marijuana b

New York State Legislature approves recreational marijuana bill (updated)

Mar. 30, 2021 9:58 PM ETCuraleaf Holdings, Inc. (CURLF)By: Jonathan M Block, SA News Editor24 Comments

The New York State Senate and Assembly Tuesday evening approved a bill that would legalize marijuana for recreational use.
The Senate vote was 40-23 and the Assembly vote was 100-49.
Gov. Andrew Cuomo (Dem.) has said he will sign the legislation, the Marijuana and Taxation Act, and cannabis legalization would then become legal immediately.
However, marijuana sales in stores would take 18 months to two years to start, according to State Assembly Majority Leader Crystal Peoples-Stokes.
Cuomo's office has said that once fully implemented, marijuana legalization is expected to rake in $350M annually in tax revenue.