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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

NDAQ:APHA - Post Discussion

Aphria Inc. > Doesn't seem the Bill was passed
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Post by BearBull007 on Dec 04, 2020 1:43pm

Doesn't seem the Bill was passed

Comment by BearBull007 on Dec 04, 2020 1:44pm
1:10:40 PM H.R. 3884 Motion to reconsider laid on the table Agreed to without objection.
Comment by hevin on Dec 04, 2020 1:48pm
It passed easily, but the Repubs are trying to stall it with a motion to reconsider, which will fail on Monday.
Comment by Brightsand on Dec 04, 2020 1:51pm
<br o="" i="" don't="" understand,="" if="" it="" passed,="" why="" is="" it="" down?="" thanks="">
Comment by BearBull007 on Dec 04, 2020 2:02pm
Thanks for your reply hevin.  Anyway, it seems people are taking profit as they are unsure about the outcome when the Bill gets to the Senate.....hence the fall in share price?
Comment by hevin on Dec 04, 2020 2:12pm
Could be, but I also remember that old stock adage: "Sell on news". So, as Ventura already mentioned, that hype is over now. Likely just price consolidation before the next catalysts....January results, more NRs, Biden soon to sign the bill and of course, the Senate vote (most contentions, but I'm hopeful).... Remember that no stock ever just goes straight up...peaks and valleys my ...more  
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