APHRIA Inc: Producer
Reentry price levels to watch
Description
Aphria Inc. produces and sells medical cannabis in Canada and internationally. The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils. It serves patients, health professionals, and veterans. The company sells its products through its online store or phones, as well as engages in the wholesale shipping of cannabis plant cuttings and dried buds to other licensed producers. The company calls itself one of the lowest cost producers of marijuana. In April 2018, their stock surged after the company announced that it had struck a deal to sell its products through the online site of Shoppers Drug Mart, a major Canadian pharmacy chain.
News: U.S. tobacco giant Altria Group Inc. (115 billion market cap), offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, is in talks to acquire an equity stake in Canadian cannabis grower Aphria Inc., multiple sources say.
Current Total Square Ft: 100,000
Future Total Square Ft: 1,000,000
Location: Leamington, Ontario, Canada
Website: aphria.com
Number of Employees: 300
Market Cap: 3.556B
Ave Volume: 1,689,963
Description
Aphria Inc. produces and sells medical cannabis in Canada and internationally. The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils. It serves patients, health professionals, and veterans. The company sells its products through its online store or phones, as well as engages in the wholesale shipping of cannabis plant cuttings and dried buds to other licensed producers. The company calls itself one of the lowest cost producers of marijuana. In April 2018, their stock surged after the company announced that it had struck a deal to sell its products through the online site of Shoppers Drug Mart, a major Canadian pharmacy chain.
News: U.S. tobacco giant Altria Group Inc. (115 billion market cap), offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, is in talks to acquire an equity stake in Canadian cannabis grower Aphria Inc., multiple sources say.
Current Total Square Ft: 100,000
Future Total Square Ft: 1,000,000
Location: Leamington, Ontario, Canada
Website: aphria.com
Number of Employees: 300
Market Cap: 3.556B
Ave Volume: 1,689,963
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