Post by
Savage97 on Aug 12, 2020 10:06pm
The Wellness & Cannabis King Irwin Simon
"At Aphria, we're setting ourselves apart from the rest of the cannabis industry, generating some of the strongest sales growth, maintaining one of the strongest balance sheets and cash positions, compelling consumer brands, and well-diversified global business. Throughout the fiscal year and more recently, we further strengthened our leadership team in Leamington across core functions, for examples, in the areas of production, packaging, HR, quality, and operation. The team is doing a great job of efficiently integrating Aphria Diamond to our processes. We are consistently working to generate greater yields at lower cost. We are pleased that in Q4 cash cost per gram remained below $1 for the second straight quarter and decreased 5% from Q3 to $0.88. We are pleased with the quick ramp-up of quality product that is coming today from Aphria Diamond. We're excited about the tremendous growth opportunities in Canada, as well as our strong medical adult-use brand sales, extraction capabilities, and our ability to export EU GMP products and white label opportunities. From enhancing our global team, our brand-building activities, new facilities, and production capabilities to investing in R&D, Aphria is well-positioned for future growth."
Comment by
Planetoflimes on Aug 13, 2020 12:19am
Great quote but the stock price and chart say different. Irwin and Carl will say anything at this point, and why would they as they get paid for it. Common knowledge the SP would drift south after the disappointing Q. I say common knowledge but those who are married to this stock still see the lower SP as a huge mystery.
Comment by
Savage97 on Aug 13, 2020 8:50am
Aphria is #1 in Canada while having built out Germany to be next, and are expected to be cash flow positive by the next 2 quarters, another easy double is on its way...
Comment by
ZipLokBaggies4U on Aug 13, 2020 9:55am
EVE got the AMP supply deal with germany for 100 kilos a year just recently. https://www.amp-eu.com/press-release/amp-german-cannabis-group-enters-into-supply-agreement-with-canadian-medical-cannabis-producer-eve-co/Supply Agreement with Eve & Co.
Comment by
blackredblack on Aug 13, 2020 9:00am
Nicely written but what about the stock price?
Comment by
Savage97 on Aug 13, 2020 9:23am
Only reporting facts about Aphria, the company and management are the best in Canada, and will eventually be #1 in Germany before recreational comes there, when the US opens they could easily partner with an MSO as they have the cash and global connections for expansion.