Bullboard - Stock Discussion Forum 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... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > Something’s up

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Post by InFactsWeTrust on Aug 28, 2020 3:46pm

Something’s up

APHA got up to $6.35 on higher than avg volume. Trying to break above 200day M.A. That's got to make the shorts nervous (14% short interest). APHA has a dominant cdnmkt share and is huge in Germany (larger mkt than Canada) and elsewhere. It can't go into the US without losing its TSX listing and presumably some of its Canadian shareholders but with only a little over 15% institutional ownership, does that really matter? Regardlesss, they have already said they are making deals to be in the US as soon as it's legal. I'm sure there is some fancy financial way around this so they can get the upside sooner (remember those weird structures to get you more foreign ownership in your RRSP back when we had a 20% cap?). Finally, if the US pot stocks keep going crazy, while the Cdn CO's languish, what's to stop them from buying up a good quality Canadian pot stock with International exposure?

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