InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,713.64
(
1.70%
)
US TECH 100
19,298.40
(
-0.19%
)
Dow Jones
42,025.19
(
1.26%
)
Brent Oil
74.11
(
-0.28%
)
Bitcoin
63,488.02
(
0.86%
)
Post# of 3371
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

FUNMAN

Send PM Follow Ignore
Followers 109
Posts 25824
Boards Moderated 0
Alias Born 08/03/2010

FUNMAN

Re: mantrap post# 1053

Tuesday, 10/08/2019 11:13:52 AM

Tuesday, October 08, 2019 11:13:52 AM

Post# of 3371
Agree. I don't think this was a big surprise in coming. APHRIA is a big shareholder in Aleafia.

We know Aleafia is opening their new and expanded grow facilities and going to harvest an outdoor crop. They did too.

Aleafia is a bottom line oriented company. They are going to announce a profit in the coming Q (see 9-24 PR).

Because they can lower their cost of goods by producing product in house now, they needed an out.

Ironically, this probably works out better for both parties, even in the near term.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up