Aphria Inc. APHA

Looks like FTC approved Sweetwater deal

[gottahunch]

https://www.ftc.gov/enforcement/premerger-notification-program/early-termination-notices/20210263

20210263: Aphria Inc.; SW Brewing Company, LLC

 

DATE:  November 20, 2020

TRANSACTION NUMBER: 

20210263

ACQUIRING PARTY: 

Aphria Inc.

ACQUIRED PARTY: 

SW Brewing Company, LLC

GRANTING STATUS: 

Granted

[gottahunch]

I believe this is one step in the process, there may be a few more. But we are getting there.

[nearnorth101]

nice, final approval is supposed to be by end of November

[IrishCanuck]

Yea I've wondered about this for a while now... anyone have an opinion on this: I thought the deal was going through in December but then a few comments were made for November. Q2 ends end of November while we were aiming to be free cash flow positive in Q3 Do you think there are any advantages or disadvantages closing in November vs. December? I wonder if a huge expense in Q2 is bad but

[Ventura2020]

Q2 or 3 won't make any difference as long as both are porifitable. Looking at the trend of both companies, shouldn't be an issue. However, Aphria has let us down for some reason or another from IS in the past. As long as he doesn't through a curve ball on the next Q, we should be in blue sky.   Ventura  

[IrishCanuck]

I agree. The tanking after Q1 was simply a miss on revenue supposedly, and there are too many moving gears to attribute it to one thing. Looks like we climbed the least again today so we are back to doing our slow and proper growth up and up :) 

[Ventura2020]

  Truth! The slow and proper climb is good.  The company is showing it's strength. One day it will climb the most with the least in reverse gear. I will probably still be twitching before Q2 comes out lol.  Ventura