|Bid||6.65 x 0|
|Ask||6.66 x 0|
|Day's Range||6.52 - 6.68|
|52 Week Range||3.16 - 8.77|
|PE Ratio (TTM)||166.25|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Canopy Growth Corp. (TSX:WEED) and Aphria Inc. (TSX:APH) are surging after Ontario and New Brunswick announced plans for cannabis sales, but investors still have reasons to be cautious.
Why does Aphria Inc. (TSX:APH) appear to be much more comfortable with Ontario's recreational marijuana legalization framework than Canopy Growth Corp. (TSX:WEED)?
Ontario has determined how and where recreational marijuana sales will take place, signalling a boon for companies such as Canopy Growth Corp. (TSX:WEED).
The Ontario government will run the sale of cannabis province-wide, and shares of Canopy Growth Corp. (TSX:WEED) and others gained on the news.
Canopy Growth Corp. (TSX:WEED) emphasizes the importance of branding, but will strong brands really matter over the long term?
Ontario was first to announce its cannabis-distribution plans. Here's what shareholders of Canopy Growth Corp. (TSX:WEED), MedReLeaf Corp. (TSX:LEAF), Aphria Inc. (TSX:APH), and Aurora Cannabis Inc. (TSX:ACB) should know about it and the future of Canadian cannabis distribution.
Is owning the Horizons Marijuana Life Sciences Idx ETF (TSX:HMMJ) really a safer way to bet on the emerging marijuana market? Or should you just buy the stocks of Aurora Cannabis Inc. (TSX:ACB), Canopy Growth Corp. (TSX:WEED), and Aphria Inc. (TSX:APH) on their own?
245 Talbot Street West
Leamington, ON N8H 1N8
Full Time Employees : 150
Aphria Inc. produces, supplies, and sells medical cannabis in Canada. The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils. It also provides support services in the form of medical consultations, group therapies, and rehabilitation to veteran and first responders. The company sells its products through its online store or phones, as well as engages in the wholesale shipping of medical marijuana plant cuttings and dried buds to other licensed producers. Aphria Inc. is headquartered in Leamington, Canada.