|Bid||18.28 x 0|
|Ask||18.32 x 0|
|Day's Range||17.78 - 20.06|
|52 Week Range||6.72 - 24.75|
|Beta (3Y Monthly)||3.96|
|PE Ratio (TTM)||101.67|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||18.56|
Founded by two greenhouse operating veterans in the farming town of Leamington, Ontario, Aphria Inc. has grown into a company with a market of more than $6 billion thanks to a focus on cheaper production of cannabis.
Cannabis will be legal in Canada starting this Wednesday, generating strong interest from investors eager to get in on a market that analysts and experts expect to be worth billions of dollars.
Canada's main stock index rose on Friday after data showed annual inflation rate dipped as price pressures from gas and air travel eased. * At 9:48 a.m. ET , the Toronto Stock Exchange's S&P/TSX composite ...
Separately, Aurora Cannabis Inc. and Aphria Inc., the third- and fourth-largest Canadian pot companies by market value, got a boost on their plans to list shares on the New York Stock Exchange. Aurora plans to uplist its over-the-counter shares next week to start trading under ticker ACB, while Aphria also filed its intentions with the SEC.
CORAL GABLES, FL / ACCESSWIRE / October 18, 2018 / Wednesday marked the "big day" that every cannabisand marijuana stocks enthusiast has been waiting for. The country firmly moved ahead with its program that legalizes the sale of recreationalmarijuana across Canada. With an end to prohibitionin Canada, this marks a point in time that now two countries in the world have legalized cannabis for recreational use.
Canada's main stock index fell on Thursday as energy shares took a hit from a second day of decline in oil prices. * At 9:33 a.m. ET , the Toronto Stock Exchange's S&P/TSX Composite index edged down 64.11 ...
The launch of the recreational cannabis industry in Canada will be a volatile ride, but the companies forming the industry seem prepared.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...
Stores in St. John’s, Newfoundland were the first to sell recreational cannabis, followed by more than 100 outlets and websites opening across the country of 37 million people. “I’m super happy, this is an historic day for Canadians and for the world because we’re really setting a precedent here," said Isaac Langille outside a store in Halifax, where he bought the legal limit of 30 grams, spending C$344 ($264) on products from Aphria Inc. and Organigram Holdings Inc.
According to Arcview Market Research and its research partner BDS Analytics, over the next 10 years, thelegal cannabis industry will see much progress around the globe. Spending on legal cannabis worldwide is expected to hit $57 billion by 2027. Right now, investors are looking at a number of cannabis companies working to take full advantage of this market boom including Next Green Wave (NGW), Aphria Inc. (APHQF)(APH), and Canopy Growth (CGC)(WEED).
Canada's main stock index declined on Wednesday as the healthcare sector fell more than 6 percent, led by losses in Cannabis shares. * Canada became the first industrialised nation to legalise recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities like Toronto and Vancouver, which will have no stores open. * Aurora Cannabis fell 11.6 percent, the most on the TSX.
Vic Neufeld , CEO of Aphria, said "Today we celebrate the end of nearly a century of prohibition and the beginning of an exciting new chapter for the cannabis industry. The Cannabis Act, which comes into effect today, cements Canada's global leadership in this rapidly expanding industry. "This is also an exciting day for Aphria as we look back on our journey.
Canada's main stock index rose on Tuesday, led by shares in the financial sector on expectations of another interest rate hike next week, after a central bank report showed business optimism at near record ...
LEAMINGTON, ON , Oct. 16, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH and US OTC: APHQF) commends the Government of the United Kingdom for its decision last week to legalize medical cannabis.
LEAMINGTON, ON , Oct. 15, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH and US OTC: APHQF) today announced that it has completed its first shipment of cannabis oil to its Argentina -based subsidiary ABP, S.A. ("ABP" or the "Argentinean Company"), a pharmaceutical import and distribution company. In accordance with a previously announced supply agreement, the Company delivered 1,500 bottles of Aphria's renowned Rideau CBD oil, which were provided to Hospital de Pediatria Garrahan ("Hospital Garrahan" or the "Hospital"), a leading pediatric hospital located in Buenos Aires , for use in a clinical study focused on treating refractory epilepsy in children.
Canadian cannabis companies have been involved in at least 97 announced acquisitions and investments with a combined value of $8.06 billion this year, according to data compiled by Bloomberg. In 2015 there were six pot deals worth $72 million.
In just days, the entire country of Canada will allow recreational cannabis to be legally sold across the nation. This event also has a number of companies outside of the cannabisspace showing interest and getting involved. "The total global [cannabis] category could reach upwards of $200 billion, as suggested by Constellation Brands," said Stifel analyst Christopher Growe.
Canada's main stock index bounced back on Friday and was set to break its five-day losing streak, driven by gains in healthcare shares. * Ten of Canada's 11 major sectors were trading higher, led by healthcare ...
Oct 12 - Stock futures for Canada's main stock index edged higher on Friday, tracking global equity markets, which bounced back after a sharp selloff this week. December futures on the S&P/TSX index were ...
In the news release, Aphria Records Solid Revenue Growth in First Quarter of 2019, issued 12-Oct-2018 by Aphria Inc. over Cision, we are advised by the company that the increase in revenue YOY should be 117% rather than 217% as originally issued inadvertently. LEAMINGTON, ON , Oct. 12, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH or US OTC: APHQF) today reported its results, for the first quarter and quarter ended August 31, 2018 .
Marijuana stocks were mostly lower Thursday, with a key sector tracker falling into correction territory, but MedMen Enterprises Inc. was a standout gainer after the company announced a $682 million acquisition of U.S.-based medical cannabis dispensary PharmaCann LLC.
CORAL GABLES, FL / ACCESSWIRE / October 11, 2018 / Thecannabis industry is seeing the birth of strategic investments and new acquisitions this year. Ahead of Canada's national legalization of recreationalmarijuana next week, investors are laser focused on marijuana stocks. "With cannabis, you're talking about this massive step change in terms of the addressable market," Vivien Azer said on CNBC's "Squawk Box" on Wednesday.
LEAMINGTON, ON , Oct. 11, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH) (OTCQB: APHQF) and Drug Free Kids Canada ("Drug Free Kids" or "DFK") announced today that they have entered into a Charter Agreement (the "Agreement") focused on increasing educational awareness of the potential harms of cannabis for children and underage youth and the safe and responsible use of cannabis by adults. Aphria and Drug Free Kids are united by their shared values of keeping cannabis out of the hands of children and youth and raising awareness though effective educational campaigns. "As a leading global cannabis company, Aphria has consistently advocated for an education-led approach to keeping cannabis out of the hands of youth, while promoting the safe and responsible use of legal cannabis by adults," said Tamara Macgregor , Vice President of Communications for Aphria.
LEAMINGTON, ON , Oct. 10, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH or USOTCQB: APHQF) today responded to a request from the Investment Industry Regulatory Organization of Canada ("IIROC") regarding media reports suggesting the Company is engaged in discussions regarding a potential investment in Aphria. While Aphria engages in discussions with potential strategic partners and/or investors from time to time, the Company notes that there is no agreement, understanding or arrangement in place with a potential investor at this time. Aphria will advise the investment community of any material changes, if and when they occur, in accordance with applicable disclosure requirements.