Post by
kingbear on Oct 21, 2020 5:09pm
Investors should have received
their shareholder proxy forms in the mail. I am voting the CEO out. Most cannabis names are enjoying a nice climb due to Harris/Biden election hype and Aphria's SP has done nothing. THis will be another hype run that Aphria misses out on. Aphria will likely make another CC Pharma type move in the U.S. and the market will not care about that in the slightest.
When you lead Canada in market share and the SP falls 25% then you have a problem. Management refuses to try and repair the company's image. Time for a new CEO. Aphria walked away from a generous STZ/CGC offer, and Simon said they receive calls from MSO's every day but he has yet to make any big moves, and the market has no confidence in him. SP will be in the $6 range for a long time if Simon doesn't start building shareholder value.
Comment by
Matteo1234 on Oct 21, 2020 5:50pm
I agree. He turned down altria. Before they went to cronos. Also Green thumb offered them 3 billion. These guys have to much ego. Like the tilray dude who refused to raise money at $300. A share. I'm like you although I own a ton of shares. 20,000. I'm not happy this stock hasn't moved . Should have sold before earnings.
Comment by
CaneIsAbel on Oct 21, 2020 5:58pm
Look at GreenThumb today. They have an incredible CEO and Aphria would have a strong US showing. Irwin Simon was brought in as Intern to cut a deal and take Aphria to the next level. Look what he's done!!!! He took direction from Bic and Cole and turned down all deals keeping Aphria family run by thieves.