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. > Merger vote

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Comment by CommonCentsforDollarson Apr 14, 2021 5:09pm

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Post# 32994972

RE:RE:RE:RE:Merger vote

Shareholder meeting was kind of confusing but it almost sounded like it was approved. Don't quote me on that though. Sedar document is supposed to be filed "shortly after the meeting adjourned"...

Vinny57 wrote: I did not see that nor hear that. This is my own opinion. Who would vote NO at this stage? A No vote would send the price back to single digits. I am wanting to replenish some of the 30% shares I have sold last month and the price right now is beginning to get very tempting. However, I DO NOT, in anyway, want to see this go much lower. Protecting the remaining 70% is FAR more important.
I believe the results will be released on Friday. (Please correct me if I am wrong).

V.

wideopenthrottl wrote: wasn't there a post earlier quoting Simon as saying 90% of cast votes are in favour of the merger...

Vinny57 wrote:

tbone7 wrote: Can anyone comment on the certainty of the merger vote passing by either company? What is required by both companies for it to go through? I am concerned based on the reminders that were sent out. Thanks for comments

It is a 2/3s majority vote. Personally, although I was originally against it, they got my vote and I think we will see over 90% in favour. This WILL pass.