Could Aphria Be a Millionaire-Maker Stock?
While the intense COVID-19 containment measures that were instituted in the early days of the pandemic were initially iffy for North America's legal cannabis industry, conditions have improved in the past six months, especially after marijuana was declared an "essential item" in many areas. A reopening of retail outlets and the recent gains on the marijuana legalization front in the U.S. have combined to send shares of Aphria (TSX: APHA) (NASDAQ: APHA) soaring. With solid sales figures and growth in international markets, this cannabis company is firing on all cylinders.
Indeed, in the past six months, Aphria stock has risen by more than 70%. But can the company maintain its momentum and make investors rich in years to come?
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Source Fool.com
