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Twister, it sounds like you've got a good thing going on. As I put on this board months ago, I have an advisor that sits down with me to review all investments. I didn't want to get into marijuana stocks because they seemed too risky. But once the revenues started piling up, we couldn't ignore reality.
I have a few U.S. cannabis stocks as well but only in the supply chain side of things. Because the U.S. still doesn't allow it federally has held me back for now. I do believe that U.S. stocks will be profitable but I believe that profitability will come from companies that are involved in packaging and shipping. So, that's what I'm invested in when it comes to pot stocks in the U.S.
I did get a chuckle out of the Canopy/Constellation thing. A lot of hand wringing has been devoted on this board to Aphria and their "ties" in the U.S. And then Constellation invests nearly a quarter of a billion in Canopy. By the way, Constellation is headquartered in New York. That's in the U.S. Yet, no consternation. Giggle, giggle.
And if you think Constellation invested 241 million in Canadian dollars for the privilege of just being a shareholder in Canopy.....then I have beach front property in Kansas that I would love to sell.
thanks falcon... I also have positions with 5 other mj stocks, 4 Canadian and 1 Australian.... aphqf long for me... glta
In the end revenues will be revenues. Loooong Aphria.
TSX may not be a big problem but resolution would be great. It has stopped me from buying in, at least for now.
Hi Nick,
I post here very sporadically. My advice to you is if you are worried about the TSX decision then don't buy into the stock. There's alot of misinformation on these boards, so use your best judgment.
If you want insight, the best that I can tell you is that Aphria and the TSX have a two and a half year relationship. Aphria's CEO recently sat down with the head of the TSX and the meeting was positive. Vic (the CEO) seemed to feel great about the meeting per the things he said shortly after the meeting. I'm not linking articles because a quick Google search will get you what you need.
My opinion....no, there's nothing to worry about. If there were more to it, things would've have happened by now and the stock itself would've suffered. The fact that this stock continues growth and declines like the others in the sector shows me that investor confidence overall is just fine.
I've spilled alot of digital ink in a few of my posts pointing out the flaws people that say this stock is in trouble here have.
In all fairness, I have an equal positional holding in Aphria, Canopy and Aurora...and a few smaller ones. I am as worried about Aphria as I am Canopy. Which is to say not at all. The vast majority of investors here think the same way I do. Most have absolutely no concern about the TSX and Aphria. We've figured out long ago that it will amount to nothing. Feel free to disagree.
Does anybody have any insight about TSX actually delisting Aphria? I would have bought in a long time ago but still haven't because this worries me.
TSX decision still looms large
I have been long in aphqf for 3 years,love this company... our board is the quietest mj board among the big boys... that is kinda okay with me as I am more of a listener than posting a lot of knowledge, because I am still learning... but if any of our members have insight,knowledge,ideas or just plain humor to liven the board up with more activity it would be great... jmho.... glta...just babbling on
I hope that turns out to be good news...glta
Aphria went to Argentina a week ago to talk about opening up a production facility in Mendoza
The Family Behind Aphria's Ohio Expansion
SOURCE: https://www.dailymarijuanaobserver.com/single-post/2017/11/08/The-Family-Behind-Aphrias-Ohio-Expansion-Schottenstein-LHSIF-Liberty-Health-Sciecnes
When we posted the Liberty Health Sciences, Inc. (CSE:LHS) (OTC:LHSIF) investor deck, we mentioned that there were hints as to the future developments at the company. For those not familiar with Liberty, it is the American sister company of Aphria Inc. (TSX:APH) (OTC:APHQF) with operations in Florida and high hopes for Ohio next.
Ohio Opportunity
Out of a population of over 11 million people, Ohio boasts a whopping 2.8 million qualified medical marijuana patients. To make the opportunity more enticing, Ohio's Department of Commerce is only issuing twelve Tier I licenses which allow the holder to have up to 25,000 square feet of cultivation space. This is a massive grow space when compared to the 3,000 square foot maximum grow space cap that is imposed on Tier II licensees.
While Ohio just announced the first batch of Tier II licenses, Tier I license winners are expected to be announced in the coming weeks.
With 109 Tier I applicants and just twelve licenses to go around, there is a roughly 11% chance that Aphria/Liberty's applicant entity will be approved if all applicant qualifications were equal... but they are not.
Just as Tier II applicants received scores, so will the Tier I applicants. This means that the best applicants win licenses, not just random applicants out of a hat.
REST OF ARTICLE: https://www.dailymarijuanaobserver.com/single-post/2017/11/08/The-Family-Behind-Aphrias-Ohio-Expansion-Schottenstein-LHSIF-Liberty-Health-Sciecnes
How u liking that BOOOM!!!!
Here is the current state:
The Toronto Stock Exchange will contact all companies that cultivate, distribute or possess marijuana, or offer services related to the drug in any jurisdiction, by the end of the year.
‘Offer services’ is pretty broad, and that’s something Aphria has a problem with:
“The objective application of such staff notice by the TSX to any entity engaging in activities related to the cultivation, distribution or possession of marijuana in the U.S. or entities engaging in ancillary services activities may prove to be challenging in determining actual compliance with such guidance,” the company said in a statement.
This is not the first time TMX has cut a swathe through the marijuana sector by wondering aloud if it might start shoving party guests over the balcony. The last time they talked about delisting companies it cratered weed stocks across the board for a few days.
Of course, while the exchange could set delisting plans in place, they could also not do so. Because, frankly, any chance the TSX is going to delist Aphria, or anyone else on their exchange (or even realistically threaten to do so) who got their listing while they were already doing business in the US, because they’re legally investing in a legal business in a US state where medical marijuana is legal, is ridiculously unlikely.
And if it happened, lawsuits would crash down on them. They know this.
Rather, what the exchange is hoping to do is make US authorities happy that it’s carrying their water, while also hoping nobody pushes it into a corner and forces actual action.
So Aphria takes a hit, because it has a Florida-based (legal) investment, and others doing leaseback deals or financing grow buildouts or investing in dispensaries or CBD products get to live in fear while investors shy away from them – for a week or so, anyway.
It’s even more likely you have no idea what you’re talking about. I’d say oddd are high
very unlikely, TSX issue not yet resolved.
I have done DD on this subject and always leery when it comes to these type of political things.
Do some DD on the subject of the possibility of delisting. Aphria is in compliance with US federal law. The CEO also talked with tsx and stated that he is confident that they won’t be delisted. So things are looking fine in that arena
You can buy APHRIA ..
I can Buy APHQF with TDAmeritrade.
TSX should have nothing to do with the OTCQB which is where Aphria is listed in the U.S.
It's just the fact that when Canada first started accepting applications thru Health Canada...they warned all company's that they could not markets in other countries.
That is a bunch of Crock as Canopy can do it and Aphria Can't.
Disgraceful act from Health Canada!!
I'm American and wish the federal government would get onboard with the states that are legalizing or at least reschedule marijuana laws. I think it will eventually happen but might take several more years.
So, You are a Canadian?
I just seen Your concern:
https://www.newcannabisventures.com/aphria-criticizes-toronto-stock-exchange-staff-notice-concerning-u-s-cannabis-activities/
I think it is a bunch of Bull.
Canopy is growing businesses all over the Fricking World and the TSX gets mad at Aphria for investing in the U.S.
What a Crock of $HIT!
Wonder who complained...
Take a Guess?
That company had big Alcohol news today!
good article, thanks...my situation is that my brokerage firm will charge me for trading with Aphria if they get delisted and go to CSE
I could care less what Exchange Aphria is on.
Great Company:
https://www.thestar.com/business/2017/09/14/canadian-pot-firm-aphria-blazes-ahead-in-us-as-tmx-debates-policy.html
yup, I'm in with them too, hoping both shoot to the moon but I'm still a little concerned about Aphria getting delisted from the TSX...
Kool..well...Aphria is right there in the running.
Fantastic Company indeed!!
BIG news is right...
GLTA
All Canadian Marijuana Stocks looking great Today.
Must be some big News.
Gotta go.
$$$ APHQF $$$
Yea that’s very true. I was slipping into a flip mentality here because I’ve been doing that lately and was worried about buying back too soon but for a long play I still made money. I’m think 4.30 is a little low though yea. 2018 is upon us and we’ve got a lot of support between here and there I’m actually thinking the support is in pretty strong aroun 5.25-5.30
But that’s at the absolute lowest. I own a crap load of shares and won’t matter because this isn’t really a flip stock. More like hold forever stock. Just like it’s main competition stock twe. These are just gonna go up year after year with pops.
If it remains constant bottom being around 4.30 American. After new year being a constant upwards and eventually blue sky.
What're you thinking for the bottom mr awesome?
Yeah that was a :) at the end of that
Do you know how scared I am? Zero percent
Should I buy more shares to see what happens?
Aphria and Green Acre Capital Lead Upsized $6 Million Tokyo Smoke Capital Raise.
https://www.newcannabisventures.com/aphria-and-green-acre-capital-lead-upsized-6-million-tokyo-smoke-capital-raise/
Got out at 5.75 just got back in at 5.61. Not terrible
No worries. Just trying to keep the focus on the company.
Looks good to me. Other companies in this sector do it also all the time . Yup the other big one.
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https://aphria.ca/
PO Box 20009 269 Erie St South
Leamington, ON N8H 3C4
214 King Street West, Suite 412 Toronto,
ON M5H 3S6
Aphria is a Health Canada Licensed Producer of medical cannabis products. Our quality medical cannabis is 100% greenhouse grown.
100% Greenhouse Grown- Our plants thrive from the many benefits of natural sunlight in our state-of-the-art greenhouse.
Safe and Consistent Products- Aphria goes beyond industry standards to ensure patients receive clean, safe, and pure medical cannabis products.
Superior Patient Care- Our compassionate and knowledgeable Patient Care Team is here to assist you every step of the way.
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