Aphria Inc (fka APHA)

[CornellEngineer]

Personally, I don't think it'll ultimately matter much in the long run what Vic and the company come out with tomorrow...it's just another "he said-she said" battle in the war between QCM and Aphria at this point. It's really in the hands of the SEC and all the LLCs now. If the regulators and investigators find something tangible the lawsuits and any SEC action will proceed and we'll find out about it soon enough.

What Vic's rebuttal CAN do is impact near-term Aphria stock price. If they come up with something credible and comprehensive to rebutt QCM's allegations then we could/should see a nice pop in share price as a result. But if it's dicey or they delay then we might see some more downward pressure on the stock.

John posted a coupla MJ ETF charts to me a few days ago on another board and it was vividly apparent how this Aphria Affair impacted the entire sector. Maybe he can post them here again for you guys to see. It will be interesting to keep an eye on how these ETFs reallocate their baskets when the time comes. If they don't decrease their percentage in Aphria then that will tell us they're not terribly troubled by this mess any...but if they cut back significantly on their Aphria holdings that would probably be a sign that they think it's too risky. Not exactly sure when these quarterly adjustments take place but I'm pretty sure they let folks know what their allocations are when they change.