Post by
Savage97 on Oct 21, 2020 10:39am
Canada & Germany Just Getting Started
Today ithere are 800 stores across Canada and if they go to 3,000 stores we think for Aphria that's another $200 million, $300 million for sales. We anticipate margins staying in that 50% to 54% range going forward. You will see are margins continuously improve through our CC Pharma distribution company as well, which will sell more and more cannabis that are higher-margin products. There's a big, big opportunity in Germany and that's why we acquired CC Pharma for that distribution to be able to sell medical cannabis into the drug stores with high margin products. As you heard us say, our first shipment went a couple of weeks ago, and hopefully that continues more and more. I think Germany will be the first country in the EU that will legalize recreational cannabis, and there's been plenty of discussions there. And if and when that happens we will be there ready with our facilities, having won the tenders and its a big, big opportunity.
Comment by
TheGrapeOne on Oct 21, 2020 10:48am
One last thing the market to the south is worth 40-50 billion in thenext few years and Aph has not made a single play to get started in that world. How much will it cost to build the infrastructure to supply that kind of product 2-3 billion to start with more required to opperate.
Comment by
Ghostinthedark on Oct 21, 2020 2:46pm
This is a retailer pumping the stock!!! Pump up the volume.. This poster is just guessing---a prediction where there are no facts.. Pumper!!