And everything was new, eyes were wide open, the sky was the limit, insanity prevailed.
Leveler heads are in Cannabis now. Earnings are drivers. The lack of them weighs heavily on PPSs.
As I've written, Aphria has several stimulus that can last for weeks or months.
The USA acquisition if it's immediately accretive will be a booster shot. The possibility of the WH and Senate flipping meaning legalization is on the near term horizon, increasing reported revs topping $180M, a black bottom line, and positive FCF. If all of those things come together, Aphria will finally become the go to investor LP.
Not unlike why Trulieve is the go to USA MSO. The environment and fundamentals are in place to support the PPS.
That was when they got a 4 billion investment... 'rprimo'
A 4 billion dollar investment that came out of nowhere. Could the same happen to us? Perhaps. Looking at the price drop this morning is about what I expected, albeit a little sooner than I expected. I would have thought we'd hit $7 before earnings at least.
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