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Canadians were so excited about getting their hands on some legal, recreational marijuana the country is reportedly experience a shortage.
Police were called to help shops struggling to handle long queues and with frustrated people unable to buy cannabis.
https://www.independent.co.uk/news/world/americas/canada-marijuana-legal-weed-shortage-pot-running-out-a8593861.html
Gearing up for a Partnership with Aphria?
Diageo is hiring Legal counsel that will have responsibilities such as legalization of Cannabis in Canada
/
Right now on Indeed... Simple industry due diligence or something more, you decide. However, this is Legal Counsel and not just some market researcher/analyst they're hiring. Have to wonder whether the dominoes are indeed falling, as Vic Neufeld would say. $APH $APHQF $ACBFF $ACB pic.twitter.com/zC1hH1Yv6S
— Benjamin A. Smith (@BenjaminA_Smith) October 20, 2018
Not at all , its the quality of the writing I have an issue with , unlike APH . Seemed like a rushed grabbing of obvious facts and drawing a speculative conclusion .
I guess you sold your shares....
That article is a waste of ink , it says cigarette sales are declinining and cannabis sales are improving so Aphria is a natural choice . Wow , no shit Sherlock , kept looking for page 2 .
$$$APH$$$
Current pre-market
$19.99/$19.99
Glta today and a great weekend ahead!
$inai
$$$$$APH$$$$$
great news.... congrats to all here...
Great catch - I think you are RIGHT ON!!
So on the Midas interview with Vic 10/15 - Vic stayed that “you need a dance partner before you uplist”
This mean that a dance partner has been found if we are up listing, you would think :)
Aphria should between Oct 29 and Nov 1
Not possible? -ACB starts to trade on NYSE on Oct 23
Awesome !
Thank you Expresso123 :)
APH $$$$$$$
Thanks Expresso!! Great news! Now the dominoes will start to fall one by one!
Glta and a great day ahead to everyone!
Current pre-market Gappa
$19.80/$19.80 ,,, and going 'Much Higher' in next 90 min IMO
$inai
$$$$$APH$$$$$
APH on NYSE most likely Oct 29 or November 5th - awesome.
Aphria Appears Headed to the New York Stock Exchange
https://www.newcannabisventures.com/aphria-appears-headed-to-the-new-york-stock-exchange/
Thanks for that Las3r,, great to see everyone having a great time,, our day to shine is very near IMO,, could even be next 2 days.
Best of luck and to all!
$inai
$$$$$APH$$$$$
Here is the video of Vic on tiko traders
From Stockhouse: the ones that got to go to the Aphria parking lot BBQ 12-3 today in Leamington.
Aphria Party At Jose's !!!
First Off Hats Off To Vic And The Whole Management Team And Employees At Aphria Who Were All Present For A Great Event !!!
Also A Big Thank-You To The Owner Of Jose's Who Introduced Me To So Many Posters
Gonetopot,PB Buffet,Atheena And GoBlue Was Also There !
We Are In Good Hands My Friends !!!
Cheers.
Glta
$inai
$$$$$APH$$$$$
Awesome, nice post
Aphria Biggest Winner for Year 1 of Cannabis Legalization
Aphria Inc. (TSX:APH) Will Be an Earnings-Growth King! Why the Marijuana Giant Looks Like the Biggest Winner for Year 1 of Cannabis Legalization
Joey Frenette | October 17, 2018 | More on: APHQF CGC WEED APH
image: http://yw553ftvhw1iqegz29fycoyw-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/CrownFitForAQueenOrKing.jpg
Image source: Getty Images
What’s that smell?
With nationwide legalization of marijuana finally in the books, you may be smelling marijuana everywhere you’ll go over the next several months, but it’s not the smell of someone toking up that’s in the air as we head further into the post-legalization environment; it’s money.
I know I’ll never top the build-up made by Ryan Gosling’s character in the Big Short, but it was worth a shot. Now that I have your attention, I’d like to draw your attention to the opportunity to be had with Aphria (TSX:APH) as we enter year one of legalized marijuana.
As you may have realized, the Federal Government has created an environment where the marijuana market will be perfectly competitive, whereby there will be minimal product differentiation and little to no way to tell one producer’s bud from another.
As we learn more about specific cannabis rules that’ll be put in the books over the next few weeks, I think we could witness somewhat strict enforcement measures placed in the initial stages of legalization to ensure everything goes smoothly. Some critics believe that PM Justin Trudeau “rushed” legal weed, and if that’s the case, regulators are going to want to err on the side of caution as they tread carefully with regards to what’ll be allowed and what won’t be.
For now, we know that celebrity endorsements and brand packaging will be kept minimal, so not to entice minors to want to try cannabis. That means Canopy Growth (TSX:WEED) will lose its number one competitive edge as it possesses the strongest portfolio of recreational brands out there (Tweed, Tokyo Smoke, Snoop-endorsed products) and the greatest ability to differentiate itself from the pack.
With strict rules, enforcement and penalties (fines, potential loss of growth licence?) in place, all Canadian cannabis producers are going to be playing on a pretty even playing field. The market will be what economists refer to as “perfectly competitive,” whereby all producers will be offering a similar, fungible product that’ll be seen as nothing more than a commodity.
In such a commoditized environment, two traits will separate the big winners from the losers. The first (and most important) trait is the efficiency of production. The lowest-cost-per-gram producer will be able to profit the most for a given market price of marijuana.
Second, the producer with the largest production capacity will be the one that’ll reap major rewards in the early stages as demand overwhelms supply. This will be a short-lived window, I believe, so in the longer haul, the biggest winner won’t be who can grow the most weed. Rather, it’ll be who will enjoy the most significant economies of scale that’ll allow for low production costs as well as the ability to accelerate growth based on the price of weed at any given instance in time.
Aphria is arguably the most efficient marijuana producer in the entire marijuana market. The company has innovative growth tech, and CEO Vic Neufeld has made it clear that he desires to produce cannabis at the lowest cost.
Neufeld has taken a pass with sponsoring music events and excessive brand awareness initiatives, instead opting to treat his company like an incredibly efficient commodity producer. In the initial stages of legal weed, I think Aphria’s plan is prudent and could allow the company to pole vault over the competition, at least until regulators decide to give the green light to product differentiation (ads, celeb endorsements, eye-catching packaging, etc.).
In Q1, Aphria sold nearly 1,800 kilograms of weed with an average selling price of $8.99 (wholesale price below market value per-gram of marijuana), with an applause-worthy $1.83 per gram “all-in” cost and a cash cost of $1.30 per-gram of dried marijuana.
Those are ridiculous gross margins that’ll make Aphria one of the biggest earnings-growth kings in the pot space over the first year of legalization. The company’s indoor cultivation tech is top notch and won’t just allow the company to produce cheaper weed, but higher-quality weed that’ll pass quality assurance tests with flying colours.
Foolish takeaway
Moving forward, Aphria is ramping up with operational efficiency in mind, and should regulators emphasize higher standards of quality control and commoditization of cannabis, Aphria looks like the producer that’ll see the biggest earnings-growth numbers over the next year or so.
At current levels, Aphria is sitting at a $4.46 billion market cap, well below Canopy Growth’s $13.9 billion market cap. In the first year of legalization, I’d observe the throne closely. Although Canopy has the best branding prowess, Aphria looks to have the greatest ability to post the highest triple-digit EPS growth numbers over the near term.
Stay hungry. Stay Foolish.
Glta
$inai
$$$$$APH$$$$$
Seems like an evitable deal in the near future.
http://www.wyattresearch.com/article/aphria-investment-altria-dividend-aristocrat-next-big-cannabis-stock/
Exactly Las3r :)
APH $$$$$$$
It’s great to be an Aphria long
Agree , check out todays volume
Amaaaaaaazng Day everyone!
Congrats to all longs that were able to add at 'last time' firesale prices this morning ,, man I tell u we all 'have balls' at times to hold this Gem.
I'm very relieved the day has finally come and we can no longer be bothered 'as much' with hype/manipulation from here on,.. it's real big Monster companies THAT will prove REAL #'s after today and Aphria is one of those TOP LP's.
So in short $$~APH~$$ closed the day GREEN (only 3 others had some green) to finish the day +.71/+3.8% with a closing pps of $19.40,.. and once again it felt like pps was being desperately held down despite the occasional 'big pops' for a reason.
My neighbour told me Mr. West from Midas uttered 'I can feel it in my bones that Vic will announce something by the end of this week'. I have had no luck finding the video but will ask my neighbour where he got that from,,, very possible tomorrow or Friday we get HUGE news imo,,. I think worse comes to worse we get an update tomorrow on first day sales and that will fuel pps alone.
Have a great afternoon and look forward to tomorrow with y'all!
Glta
$inai
$$$$$APH$$$$$
One of the reasons I grabbed some HEXO this morning .
HOLY GOD.... unbelievable ... Knock you out.... JUST HAVE A LOOK at this line at a store in Montreal.
https://twitter.com/BrianWagnerCCI/status/1052583308276551686
Lol. Too good to hold down :)
I Think the stock market loves us , they help us to buy more cheaper shares today in the morning LOL
GLTA!
APH $$$$$$$$
I hope so my friend
GLTU! GLTA!
APH $$$$$$$$
Mesg from Vic Neufeld, CEO of Aphria
APHRIA CELEBRATES THE START OF THE ADULT-USE CANNABIS MARKET IN CANADA
LESS THAN 1 MINUTE AGO BY
Article 1Article 2Article 3Article 4Article 5Article 6Article 7Article 8Article 9Article 10
Aphria's expanding portfolio of adult-use cannabis brands available to Canadians on this historic day
Aphria Inc. ("Aphria" or the "Company") (TSX: APH and US OTC: APHQF) today provided the following commentary on the first of day of adult-use cannabis legalization in Canada:
Vic Neufeld, CEO of Aphria, said "Today we celebrate the end of nearly a century of prohibition and the beginning of an exciting new chapter for the cannabis industry. The Cannabis Act, which comes into effect today, cements Canada's global leadership in this rapidly expanding industry. This is an historic moment as we march into the future of cannabis."
"This is also an exciting day for Aphria as we look back on our journey. From founding the company in Leamington, Ontario in 2013 and completing our first shipment of medical cannabis a year later, to developing a comprehensive suite of brands, building a roster of strategic partners and continuing a persistent focus on innovation, we have experienced tremendous growth that will help us continue to lead the evolution of the industry in the years to come. It is the commitment of our incredible team and partners that has gotten us to where we are today and built Aphria into a global cannabis success story."
"With legalization in effect and supply agreements in every province and the Yukon, Canadians across the country will now be able to enjoy Aphria's extensive range of high-quality cannabis products from our diversified portfolio of adult-use brands - Solei, RIFF, Good Supply, Goodfields and Broken Coast. We look forward to bringing consumer-focused brand and product innovations to Canada's adult-use market as the industry evolves."
"This historic milestone would not have been made possible without the hard work and dedication of all those involved in the cannabis industry. This includes the Canadian government and the public servants at all levels, who have spent the past years building the regulations and guidelines for a safe and responsible industry; industry members, who have collaborated to build a leading model in Canada and for the rest of the world; researchers who have worked tirelessly to advance the world's knowledge of cannabis; and all of those who have trailblazed this path and advocated for change. From the Aphria family, thank you; we look forward to taking this next step together," added Mr. Neufeld.
We Have A Good Thing Growing
About Aphria
Aphria is a leading global cannabis company driven by an unrelenting commitment to our people, product quality and innovation. Headquartered in Leamington, Ontario - the greenhouse capital of Canada - Aphria has been setting the standard for the low-cost production of safe, clean and pure pharmaceutical-grade cannabis at scale, grown in the most natural conditions possible. Focusing on untapped opportunities and backed by the latest technologies, Aphria is committed to bringing breakthrough innovation to the global cannabis market. The Company's portfolio of brands is grounded in expertly-researched consumer insights designed to meet the needs of every consumer segment. Rooted in our founders' multi-generational expertise in commercial agriculture, Aphria drives sustainable long-term shareholder value through a diversified approach to innovation, strategic partnerships and global expansion, with a presence in more than 10 countries across 5 continents.
Glta
$inai
$$$$$APH$$$$$
Congrats to you Man6677... a new world has begun today, and let's hope that here in Europe that our 'leaders' begin to follow the Canadians and treat adults like adults and legalise the weed.
Very nice
Thank you john1311 !
APH $$$$$$$
Congratulations to Canada on Legalisation Day.
Here is what some European media is saying about Canada legalising cannabis:
https://www.independent.ie/world-news/north-america/canada-legalises-recreational-marijuana-37429368.html
https://www.dailymail.co.uk/news/article-6282709/Canada-ready-open-door-wide-legal-marijuana.html
https://www.independent.co.uk/news/world/americas/toronto-cannabis-weed-marijuana-legalisation-canada-stop-snitching-a8587556.html
https://www.theguardian.com/world/2018/jun/06/canada-cannabis-legalization-questions-answered
CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE MONTHS ENDED AUGUST 31, 2018 AND AUGUST 31, 2017:
https://aphria.ca/wp-content/uploads/2018/10/aphria-Q1-2019-interim-financial-statements.pdf
APH
Looking good.
More fine days ahead.
Aphria: Firing On All Cylinders Headed Into Legalization On Wednesday.
https://seekingalpha.com/article/4211605-aphria-firing-cylinders-headed-legalization-wednesday#alt1
"In its most recent quarter, Aphria saw earnings growth of 117% y/y and 11% q/q. Aphria is aggressively expanding its production capacity and expects those expansions to be online in January 2019 - earlier than expansions from peers like Canopy Growth and Aurora Cannabis."
Earlier Article:
Aphria, Inc. (APHQF)
Market Cap: $3.26B Share Price: $14.13
Aphria Inc. (APHQF) announced closing the acquisition of LATAM Holdings Inc. from Scythian Biosciences (SCCYF). The Transaction was funded by the assumption of US$1 million of existing LATAM Holdings debt with the remaining consideration funded by the issuance of 15,678,310 common shares of Aphria. The closing was pursuant to the terms of the definitive share purchase agreement previously announced by the Company on July 17, 2018.
Gooooood morning all!
Current Bid /Ask $19.75/$19.75
Glta and a great day!
$20+ here we come
$inai
$$$$$APH$$$$$
Aphria completes first shipment of cannabis oil to Argentina for clinical study on treating refractory epilepsy in children
https://ih.advfn.com/p.php?pid=nmona&article=78460049
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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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