Aphria stock was ticking along nicely at the start of April. By mid-month, however, shares dropped significantly, leaving Aphria (TSX:APHA) (NYSE:APHA) down 19% on the month. Now, selling for $6.94 USD on the NYSE and up 4% in pre-market trading, some of those losses have been pared. But is it enough?
Aphria Stock Down in AprilWith a market cap of $1.7 billion, Aphria sits comfortably within the top ten cannabis producers in the world. It is the third-largest grower in Canada with an expected 255,000 kilos of peak annual output when at full capacity.
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