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Prorogation of parliament could threaten Cannabis Act https://news.lift.co/prorogation-of-parliament-could-threaten-cannabis-act/
Aphria Launches First Partnership with Major North American Union
http://m.marketwired.com/press-release/aphria-launches-first-partnership-with-major-north-american-union-tsx-aph-2222200.htm
GLTA!
Aphria is looking fantastic.
Up $.29 Cents Yesterday.
Go:
$$$$ APH $$$$
Steady rise and on the Move!!
Aphria Looking good this week.
Up $.26 Today!!
$$$$ APH $$$$
I think You are off the path I chose.
Illegal Pot has not been tested for Fungus and Pesticides.
Cancer is a Fungus at the beginning.
Just call Me Dr. Goodbuddy...
Go:
$$$$ APHQF $$$$
Right....pot is the cause of cancer....not the chemical soup our kids are fed and breathe... it is the pot lol!
Yes...Aphria has been chugging toward an uptrend for sure.
TSX:APH looking goo here:)
You know...Maybe this is the reason so many Young people are getting Cancer.
You never know?
Even though Marijuana claims to fight Cancer if taken properly!
$$ APH $$
Bill C-46
.... "we are going to give police officers the tools they need to detect the presence of cannabis and what penalties we are going to make available to prosecutors who go after offenders. The member will see that any Canadians who currently believe that they can get behind the wheel after using cannabis will find out that there is no impunity. There will be zero tolerance for those who exceed the limits and we are going to provide the tools to ensure that anyone who has the bad idea of getting behind the wheel after using cannabis will risk being severely punished."
Joël Lightbound Parliamentary Secretary to the Minister of Health
https://openparliament.ca/bills/42-1/C-45/?page=4
From the debate of C-45 and C-46
Black Market valued at $77,83 billion - this is much more than ever thought it could be!
May 31: Parliament of Canada
Marco Mendicino Parliamentary Secretary to the Minister of Justice and Attorney General of Canada
"In 2013, Criminal Intelligence Service Canada stated that there were 672 criminal organizations reported in Canada, most of which were located in metropolitan areas, especially in cities where there are ports or a larger economy. CISC also reported that the majority of organized crime groups in Canada are involved in drug trafficking due to the high revenue of Canada's import and export drug market. In this regard, I would just take a moment to note that our government's approach in Bill C-45 aims to deprive criminal organizations and gangs of the very source of revenue they use to continue to profit from the trafficking of illegal drugs.
"Canada's black market is currently valued at approximately $77.83 billion, with drug trafficking accounting for approximately 57%, or $44.5 billion…
"Historically, organized crime consisted of complex and cohesive groups, such as outlaw biker gangs and the mafia, and each group tended to be involved in specific criminal activities for long periods of time….
"Today, organized crime is more fluid; gangs come together for different purposes and work together to achieve their goals, relying on particular skills to carry out a specific criminal act….
"One effective way of combatting organized crime is to prevent these groups from profiting through the black market. In that respect, our government's introduction of Bill C-45, concerning the legalization and strict regulation of cannabis, will have a positive impact on reducing the role of organized crime in the sale of cannabis and will take the illicit profits out of their hands…"
Read more at http://www.stockhouse.com/companies/bullboard?symbol=aphqf&postid=26314968#pqqBhBOGvVc0S0pZ.99
The Makings of a Cannabis Titan
Best read and best team in the cannabis space!
I like it..
It will definitely make a big dent in Organized Crime.
But..then Organized Crime will then recruit their dealers to sell Cocaine and Heroin.
The thing that bothers me is the increased Heroin Deaths[in the U.S. anyway].
Is that happening in Canada Too?
$$$$ APHQF $$$$
Finished up $.15 today..
I like that.
Here is some of the debate in the Ottawa parliament...
I have taken these quotes from the debate on Bill C-46, that's to do with impaired driving and is a sister Bill to C-45 for legalisation of Cannabis.
May 31: Parliament of Canada
Marco Mendicino Parliamentary Secretary to the Minister of Justice and Attorney General of Canada
"In 2013, Criminal Intelligence Service Canada stated that there were 672 criminal organizations reported in Canada, most of which were located in metropolitan areas, especially in cities where there are ports or a larger economy. CISC also reported that the majority of organized crime groups in Canada are involved in drug trafficking due to the high revenue of Canada's import and export drug market. In this regard, I would just take a moment to note that our government's approach in Bill C-45 aims to deprive criminal organizations and gangs of the very source of revenue they use to continue to profit from the trafficking of illegal drugs.
"Canada's black market is currently valued at approximately $77.83 billion, with drug trafficking accounting for approximately 57%, or $44.5 billion…
"Historically, organized crime consisted of complex and cohesive groups, such as outlaw biker gangs and the mafia, and each group tended to be involved in specific criminal activities for long periods of time….
"Today, organized crime is more fluid; gangs come together for different purposes and work together to achieve their goals, relying on particular skills to carry out a specific criminal act….
"One effective way of combatting organized crime is to prevent these groups from profiting through the black market. In that respect, our government's introduction of Bill C-45, concerning the legalization and strict regulation of cannabis, will have a positive impact on reducing the role of organized crime in the sale of cannabis and will take the illicit profits out of their hands…"
Sounds like they got a lot going on there with the Conservatives.
Does not surprise Me.
The U.S. is pretty much in the same Boat Nationally speaking.
Thank You John.
$$ APH $$
Debate on second reading C-45 Cannabis Act has begun
Yesterday in Ottawa we saw yet another milestone on the road to the potential legalization of cannabis for recreational use in Canada. Parliamentary procedural geeks recognize that while this is entitled “Second Reading” of the bill, this is the first formal debate on legalization. The debate, which started yesterday, encompasses 24 pages of text so far. While this will be tiny compared to what we will see at the end of the process, it does provide us with a first glimpse into where the battle lines will be drawn.
https://www.linkedin.com/pulse/off-will-stewart
Wow..3/4ths of the analysts recommended a Buy.
Definitely a sign of good things happening going forward.
Thank You John.
$$ APH $$
32% increase.
Financial Times today (29-May-2017) forecasts:
The 7 analysts offering 12 month price targets for Aphria Inc have a median target of 7.50, with a high estimate of 10.00 and a low estimate of 6.75. The median estimate represents a 32.51% increase from the last price of 5.66.
https://markets.ft.com/data/equities/tearsheet/forecasts?s=APH:TOR
They been looking at this treatment for a long time.
Hopefully it will be used more commonly in the future.
Big Market there.
Thanks
$$$$ APH $$$$
http://www.telegraph.co.uk/news/2017/05/24/cannabiscould-help-treat-epilepsy-children
Cannabis could hold the key to treating epilepsy in children, according to new research.
The cannabis derivative cannabidiol was found to cut the frequency of seizures by 39 per cent for patients with Dravet syndrome - a rare, severe form of epilepsy - in the first large-scale clinical trial for the compound.
Cannabidiol, or CBD, is a compound in the cannabis plant that doesn't contain psychoactive properties that induce a high.
Aphria Closes Upsized $86mm Equity Sale, the Largest Capital Raise in Canada to Date:
https://www.newcannabisventures.com/aphria-closes-upsized-86mm-equity-sale-the-largest-capital-raise-in-canada-to-date/
LEAMINGTON, ONTARIO–(Marketwired – May 9, 2017) –
Aphria Inc. (“Aphria” or the “Company”) (TSX: APH) (OTC: APHQF) is pleased to announce it has closed its short form prospectus offering, on a bought deal basis, including the exercise in full of the underwriters’ over-allotment option. A total of 13,269,252 common shares (the “Shares”) of the Company were sold at a price of $6.50 per Share, for aggregate gross proceeds of $86,250,138 (the “Offering”). The Offering was underwritten by a syndicate of underwriters led by Clarus Securities Inc. and included Cormark Securities Inc., Canaccord Genuity Corp., and PI Financial Corp (collectively, the “Underwriters”).
50% of the net proceeds from the Offering will be allocated towards the currently unfunded portion of the planning, design, development, construction and implementation (including the purchase of certain designated capital equipment) of the Company’s’ Part IV Expansion. 10% of the net proceeds from the Offering will be allocated to the working capital necessary to support the Company once Part IV expansion is complete and the remaining 40% will be allocated towards strategic investments.
Until spent by the Company, a portion of the net proceeds of the Offering will be held as cash balances in the Company’s bank account and the remaining portion will be invested at the discretion of the Company’s Board of Directors.
The Shares were offered for sale in each of the provinces of Canada, other than the Province of Quebec, by short form prospectus, and in those jurisdictions outside of Canada and the United States which were agreed to by the Company and the Underwriters, where the Shares were issued on a private placement basis, exempt from any prospectus, registration or other similar requirements."
Looks like a positive step going forward to the Legalization of Recreational Cannabis.
Maybe this Year?
I hope so.
$$$ APH $$$
The new law on legalising recreational cannabis to be debated in the Canadian parliament on June 2 next, or the following week.
http://www.hilltimes.com/2017/05/23/house-to-debate-seismic-shift-federal-policy-canadian-society-impaired-driving-marijuana-bills-coming-days/107849
It’s possible Bill C-45, the Cannabis Act, could come up for debate for the first time on Friday, June 2, or in the week following, as both C-45 and C-46 are bills that the government has indicated it wants to make progress on before the summer recess.
While Mr. Blair wouldn’t say whether he thinks this debate could be the next big policy conversation in Canada, he said it’s “a subject that Canadians are going to be thinking and talking about,” and that he’d like moved forward with it soon.
However, NDP House Leader Murray Rankin (Victoria, B.C.) said he views it as the next big conversation.
“It’s a seismic shift in our society. For so long we’ve had prohibition—since the 1920s—and the government’s objective, I think, with the support of most Canadians, is to now no longer have prohibition,” Mr. Rankin said.
GREEN Close for Aphria, nice:)
Good post! The one year chart sure looks beautiful!! I'm still holding here
$APH
That sounds very good for us shareholders John.
Looks like good things are brewing once again for Aphria.
I like the recommendation.
$$$$ APHRIA $$$$
The Financial Times today (Monday 15-May-17) forecasts for Aphria:
"As of May 12, 2017, the consensus forecast amongst 7 polled investment analysts covering Aphria Inc advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Jan 31, 2017. The previous consensus forecast advised investors to purchase equity in Aphria Inc.
"The 7 analysts offering 12 month price targets for Aphria Inc have a median target of 7.50, with a high estimate of 10.00 and a low estimate of 6.75. The median estimate represents a 27.12% increase from the last price of 5.90."
https://markets.ft.com/data/equities/tearsheet/forecasts?s=APH:TOR
...
...
Aphria has always been one of My favorite Stocks.
Plenty of room to Grow.
That should happen as We go forward into the era of legalized Weed all over the Globe.
Go Aphria!
Looking very positive for APH:)
Yes..I have noticed a stron Bounce back.
I was just comparing the $2 dollar Fluctuation with Aphria and the $3 dollar one with Canopy.
Things are really looking better for Aphria recently!
Up, Up We go.
$$$ APHQF $$$
$$$$ APH $$$$
Nice upward trend here:)
Arlene Dickenson owns almost 40K shares of Aphria. Apparently it's over 90% of her portfolio as of May 5 filings (perhaps she has several portfolios)? Not sure. Either way, anyone have any insight on Arlene's relationship with APH? Going to load up tomorrow. $APH prices are looking great right now.
OT. Goodbuddy4863 thank you,
I have an acre or 2 @
Point Roberts, WA, want a botanic herb garden were
some friends can learn more about the Father God natural
remedies He made for us -
ex.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131129469
http://www.888c.com -
- Love You -
- God Bless -
- Amen -
Bob:
I sure hope You get some Bites for leasing that Property ...hopefully to a Canadian LP company to construct Greenhouses to grow and harvest Marijuana.
That is a lot of Land..
$$$$ APHRIA $$$$
Goodbuddy4863 thank you, well I own 163 acres
in Timmins area, Ontario, close to Hyw. # 1 and
with good road to it but
still remote and secluded close to FredrickHouse Lake.
Old farm property and it would be good for
hemp growing I think.
Its not for sale but I can rent it out.
- God Bless.
Nobody can beat GroZone:
Been around since 2013
"Amfil Technologies Inc. operates the GROzone Project. GROzone was jointly developed between Amfil Tech and A.C.T.S. Inc. as an extension of the existing mPACT ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. GROzone is a triple-function sanitization unit capable of naturally eliminating 99.9% of airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals. The unit can also constantly regulate a given facility’s water supply, oxygenating the water and maintaining a consistent PPM infusion of ozone that prevents the formation of algae, bacteria or mold (allowing for comprehensive water recycling), simultaneously removing the need to use dangerous, often carcinogenic products to treat the water, as is common throughout the industry today. This environmentally-friendly solution also eliminates odors, while slightly reducing the air temperature, lowering energy consumption by the HEPA filtration and HVAC systems. There is even compelling research indicating that elevated levels of ozone and CO2 can produce yields having as much as 53% more total biomass in certain plant types, with similar results for seed production. More information of the grozone line of products can be found on the www.grozone.biz website."
_______________________________________________
Go:
$$$$ APHRIA $$$$
GroZone System can prevent Mold, Mildew and Pests on the Marijuana plant and will ensure that it is truly Organic:
http://www.bizjournals.com/prnewswire/press_releases/2017/05/05/C4891
$$$$ APHRIA $$$$
Informational Purposes only:
https://equity.guru/2017/05/03/hydropothecary-thcx-v-weed-tests-positive-for-banned-pesticide/
I suggest that Canadian Pot Growers buy the GroZone system to prevent Mold and Pests completely from their Products:
http://grozone.biz/
Aphria is running a tight Ship and looks like they have everything under control.
Export of Marijuana by Licensed Producers http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/licencedproducer-producteurautorise/import-eng.php
Well, looks like Aphria could be the next one, huh.
To export.
KOOL!
Wow...I just posted on another Board that Australia is getting their first batch of Marijuana:
http://www.dailymail.co.uk/news/article-4470264/Australia-s-medicinal-cannabis-imported-Canada.html
Australia's first legal batches of medicinal cannabis arrive from Canada - meaning doctors can now apply for permission to prescribe it
But..I firmly believe You Geek.
Thanks.
Canadian Cannabis Hemp exported since the 90s
Yes, that is a huge advantage over the U.S and maybe the Globe?
Thanks Geek.
Go:
$$$$ Aphria $$$$
Canada's MMJ Nationally legal since 2001.
This is good news indeed.
I like this part the best:
"A gigantic one-million-square-foot growth facility is under construction and expected to be up and running in spring 2019. The facility will produce a whopping 70,000 kilograms of dried marijuana per year and will be rolled out in four phases. Phase two of the project is underway and estimated to increase the company’s growth capacity by 6,000 kilograms of product per year upon completion.
The management team is also focusing on operational efficiency to bring down the costs of producing a single gram of marijuana. I believe the experienced management team at Aphria will be capable of driving down long-term costs by investing in operational-efficiency initiatives.
You’ve got to spend money to make money, and the company is generating ample amounts of free cash flow right now to support such initiatives. Aphria is currently one of the lowest-cost producers of weed right now, and I believe the company’s margins are set to improve by leaps and bounds over the long term."
$$$$ APHRIA $$$$
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Three months ended May 31, | Twelve months ended May 31, | |||||||
2016 | 2015 | 2016 | 2015 | |||||
$ 2,776,316 | $ 499,890 | Revenue | $ 8,433,929 | $ 551,430 | ||||
2,106,394 | 585,708 | Gross profit | 5,977,428 | 794,851 | ||||
2,069,007 | 296,461 | Adjusted gross profit | 5,982,074 | 331,858 | ||||
74.5 | % | 59.3 | % | Adjusted gross margin | 70.9 | % | 60.2 | % |
102,164 | (481,380 | ) | Earnings (loss) before tax | (802,039 | ) | (6,543,444 | ) | |
1,302,164 | (481,380 | ) | Net income (loss) | 397,961 | (6,543,444 | ) | ||
520,685 | (642,295 | ) | EBITDA | 572,888 | (3,560,899 | ) |
Q4-2016 | Q3-2016 | |
4,675 | Patient registrations | 4,000 |
340.4 | Kilograms sold | 322.4 |
$ 1.15 | Cash cost to produce / gram | $ 1.67 |
$ 2.07 | "All-in" cost of goods sold / gram | $ 2.22 |
$ 16,472,664 | Cash and cash equivalents on hand | $ 12,053,547 |
$ 20,533,355 | Working capital | $ 15,868,075 |
$ 434,602 | Investment in capital assets | $ 1,175,007 |
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