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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 CommonCentsforDollarson Apr 09, 2021 9:05pm
177 Views
Post# 32971809

RE:RE:Important read in case you missed it!

RE:RE:Important read in case you missed it! Here is some old school for you. Was my highlight in green correct ? 

OG

momo
CCD

CommonCentsforDollars wrote: Long on CGC for a long time and they are considered to be the leader. Great branding and overall awareness in Canada. Also long on APH. APH recently crossed break even threshold and their CEO used to be the CEO of Jamieson Vitamins which he grew the company significantly. Aphria also has a lot of growing experience with the founders. They hold a wholesale license on top of retail and recently announced they have signed contracts for potential 500kg's worth of wholesale product to other LP's that are having difficulties producing. They have more than ample cash with recent bought deal financing done at $1.30 with half warrants issued at $1.75. (11.5 million was raised) They are in the process of expanding their operation with additional greenhouse space and will be the first LP in Canada to make profits. Have been long on CGC for some time but decided to add APH (Aphria) considering the milestones they have made, the corporate structure, ample cash and experience not to mention on the verge of profits. Current share price of $1.22 CAD is a steal.

Cheers
CCD


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