Aphria CEO Optimistic About Future of Cannabis Despite Covid

Aphria CEO Optimistic About Future of Cannabis Despite Covid

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Interactive Video

Business

University

Hard

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The transcript discusses Aphria's financial performance, highlighting a 130% business growth and a focus on recreational cannabis. The company has a strong facility and workforce, maintaining operations during COVID-19. Despite stock volatility, Aphria has achieved five quarters of profitability and is a leading cannabis company in Canada. The potential merger with Aurora was explored but not realized. Future opportunities include expanding into the US market and cannabis 2.0 products. Aphria emphasizes cost efficiency and aims to capture market share from the illicit market.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the employees face during the COVID pandemic according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage growth in the cannabis business mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the $68 million non-cash loss mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current state of the cannabis industry?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What opportunities does the speaker see in the cannabis market moving forward?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the cost of producing cannabis per gram mentioned in the text?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated size of the illicit cannabis market compared to the legalized market?

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