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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. > Going forward
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Post by LeJames on Dec 15, 2020 11:36am

Going forward

SP of APHA could still jump upon a positive NR, but the overall trend will be down until early/mid-Jan when Georgia run-off polls dominate headlines again. The current correction is good in that it puts pressure on King Irwin to do the raise that Aphria urgently needs and clear the last hurdle to $14 CAD. Chart basically says the same.
Comment by IrishCanuck on Dec 15, 2020 1:17pm
Q3 is expected to be free cash flow positive so a raise is unnecessary unless an acquisition is in range. I know you think you're a warrior and a chart whisperer but that point is flat wrong. 
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