Could Aphria Be a Millionaire-Maker Stock? [The Motley Fool]
Aphria Inc. (APHA)
Last aphria inc. earnings: 4/14 09:00 pm
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Source: The Motley Fool
Could Aphria Be a Millionaire-Maker Stock? Over the past two years, marijuana stocks have been all the rage among investors -- and for several good reasons. With the march toward legalization gaining momentum worldwide, for instance, medical and recreational cannabis sales are on pace to hit a jaw-dropping $. billion by 0, according to a report by Grand View Research. Not all marijuana companies have seen their market caps grow by leaps and bounds in the past year, however. The Ontario-based pot producer Aphria ( NYSE:APHA TSX:APHA Does this sizable pullback represent a once-in-a-lifetime opportunity for marijuana investors? Let's dig deeper to find out if this former star of the fledgling cannabis industry can reverse course to make early investors wealthy. Image source: Getty Images. The good Despite Aphria's poor showing last year, the company actually has quite a bit going for it. First off, Aphria is on track to become the third-largest pot producer in Canada, behind only Aurora
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