APH could be ready to break out

Jun 21, 2018

Now that bill C45 (legal cannabis) has received royal accent Aphria is free to make a move. If Aphria can blow through the $13.15 range tomorrow it's likely to keep going to $15.00 before finding any resistance. Once $15.00 is reached Aphria would need to go above and then come back and find resistance at that level before making another move up (ideally—this would be "healthy").

As of mid 2019 Aphria will be producing 30,000 kg per month (250,000 /year) on a perpetual rotating crop system. All signs are pointing towards Aphria being a top player in the global cannabis space.