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Bullboard - Stock Discussion Forum Aphria Inc. APHA

Healthcare Drug Manufacturers - Major Cannabis
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. > Why I invest in Aphria.
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Post by CaneIsAbel on Mar 11, 2021 6:42pm

Why I invest in Aphria.

Bitcoin is valued in terms of what it's stock price trades at.  Brokerage exchanges use government certified currency. So Bitcoin is valued at 57,000 USD dollars. Tesla claims it will except Bitcoin as payment for its vehicles but what happens when people decide to take profits (usd currency) real money and leave Bitcoin behind. Its valuations will crumble and will Elon Musk still accept it as payment?  The US dollar is backed by the US military and economy and it's the real drive behind what makes Bitcoin worth anything. I believe that when people take their real profits (government bank notes) Bitcoin will become worthless. I understand things in the simplest ways and that's my understanding of Bitcoin. Marijuana on the other hand Aphria. Hell ya I'm all in
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Aphria Inc.