Tuesday, August 5, 2025

CIBC Downgrades Aphria

This morning Aphria was downgraded to Underperform from Neutral by CIBC analyst John Zamparo lowering his price target for the shares to $6.50 from $12.

Zamparo cited concerns about “aggressive” estimates, potential asset impairment, a “leadership void and less robust supply contracts” for the downgrade.

He told investors in a research note Aphria likely captures a high-single-digit market share, and last month’s partnership with PAX Era was a “meaningful win,” the stock carries more risk than reward at current levels. The analyst believes consensus estimates need to come down to reflect slower industry growth than previously contemplated.

Aphria is already down 65% from it’s high back in September. Which isn’t unusual for cannabis stocks.

Aphria came under pressure last fall for egregious insider dealing on their Latin American transactions and Liberty Health Science acquisition. Which showed shocking photos of what Aphria purchased in Jamaica and CEO Vic Neufield purchasing founder stock in Liberty Health Science prior to having Aphria acquire the company at a much higher multiple.

This of course happening on a rough week for cannabis stocks.


Information for this briefing was found via Sedar, TheFly and Twitter. The author is short Aprhia via Puts and has no affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Thailand Decriminalizes Cannabis But Cautions Recreational Use

In a landmark move, Thailand Food and Drug Administration handed down a decision that removes...

Thursday, June 9, 2022, 03:11:00 PM

MedMen’s Chief Operating Officer and General Counsel Resign

Today MedMen announced the resignation of their COO, Ben Cook, and their General Counsel, Lisa...

Friday, April 19, 2019, 06:35:46 PM

Ohio’s GOP-Controlled Senate Reverses Course, Passes Bill Expanding Marijuana Legalization

Ohio’s GOP-controlled Senate has approved a revised bill that expands on the voter-approved marijuana legalization...

Thursday, December 7, 2023, 02:07:00 PM

Congressional Democrats Want to Overhaul Cannabis Banking Regulations

A group of 20 congressional Democrats is urging officials at the Treasury Department to revise...

Thursday, November 16, 2023, 10:14:00 AM

Loblaws Wants In Cannabis, Urges Ford Government to Revise Retail Regulation

With a bid to enter the expanding cannabis market in Ontario, grocery giant Loblaw (TSX:...

Wednesday, January 17, 2024, 02:03:33 PM