Replies to post #14562 on Aphria Inc (fka APHA)

[twister1]

i know broke azz...
what gives --- hahaha
i'm wondering what irwin has up his sleeve ???
who's he talking with and how deep are the conversations.

to put out a fairly decent er, then basically drop 25%, and now just sit.
oh that's right i'm long, dang i forgot ... hahahaha

[FUNMAN]

Aphria benefits every time the black market takes a hit. This story accounts for almost 1-month of legal Canadian cannabis sales nationwide.

Ontario police seize over $143M worth of illegal cannabis plants in under four months

https://www.cp24.com/news/ontario-police-seize-over-143m-worth-of-illegal-cannabis-plants-in-under-four-months-1.5156164

Katherine DeClerq, CP24.com
Published Thursday, October 22, 2020 11:17AM EDT
Last Updated Thursday, October 22, 2020 11:26AM EDT

About 122,000 illegal cannabis plants in Ontario have been seized since July, provincial police confirm.

In a news release issued on Thursday, Ontario Provincial Police (OPP) said that they have made 195 arrests in connection with what they call a “takedown of several criminal enterprises exploiting the Health Canada medical, personal and designate cannabis production regime.”

The cannabis seized was worth more than $143 million, investigators said.

The OPP Regional Community Street Crime Unit—in conjunction with the OPP Organized Crime Enforcement Bureau (OCEB), Emergency Response Team (ERT) and Tactics and Rescue Unit (TRU)—made the arrests between July 1 and Oct. 15.

Throughout the investigation, officers executed 25 warrants in central Ontario, 24 in eastern Ontario and three in western Ontario. The OPP say the targets were involved in “large-scale, sophisticated illegal cannabis production, sale and distribution operations.”

In addition to the cannabis plants, officers also seized 36 firearms, more than $76,000 in cash and over $514,000 in proceeds from sales.

"Organized crime is firmly entrenched in the production, distribution and sale of illegal cannabis,” Det. Insp. Jim Walker with the OPP Organized Crime Enforcement Bureau said in a statement. “These criminals continue to exploit the Health Canada medical cannabis personal and designate production regime by diverting the cannabis to the illegal market.”

Police laid 357 charges in total under the Cannabis Act and Criminal Code in connection with the investigation.

The illegal plants seized came from 52 operations, police said, with about 7,000 coming from one site.

Cannabis became legal nearly two years ago and since then numerous pot shops have opened up in cities across the province. However, according to a report released last month, legal sources of cannabis made up only 25.1 per cent of the total market.

That percentage is an increase from the 24.7 per cent reported in the previous quarter.

With files from the Canadian Press.

[cardvic]

Ive been wondering about that also. If APHA is such a great LP, why is it languishing. Granted I dont follow it very closely. Is dilution a problem?