#3 - Aphria (NASDAQOTH:APHQF)
Aphria (NASDAQOTH:APHQF) - Aphria is another Canadian-based company that is looking to enter the U.S. market in a big way. The company is projecting to produce 225,000 kilograms at full capacity, which would make them the third largest manufacturer in Canada. Bloomberg reported that Aphria was in fact, the initial company that Coca-Cola was - and perhaps still is - courting. Like Aurora, Aphria is well positioned to take advantage of the move towards CBD-infused beverages and oils. Not only will these products carry better margins, but they are expected to be more widely accepted in a society where people may not want to ingest cannabis by traditional means. Two keys to sort out which companies will be left standing as the cannabis industry approaches the point where consolidation is product differentiation, a means to control production and the ability to partner to gain exposure to new markets. Aphria achieves product differentiation through its focus on alternatives to cannabis such as oils. It recently announced a $55 million (Canadian dollars) investment in an extraction center, and the company recently acquired Nuuvera which opened up the company to a dozen markets worldwide.
About
- Current Price
- 0.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
