Canadian pot stock aphria’s (tsx: apha) outstanding performance has drawn investors to the stock in droves.
a. Aphria stock has advanced by around 160 percent year-to-date.
b. the stocks’ 10-day and 30-day volume average was 7.1 million and 6.4 million shares. aphria has a market cap of more than 7.5 billion.
c. in the last three-months and one-year, the pot stock has grown by some 237 per cent and 330 per cent, respectively.
d. Aphria also recently merged with canadian firm tilray to form the world’s largest cannabis company valued at around c$4.8 billion.
Many countries already allow the use of medical cannabis, and more may follow suit. under these pot-favouring ecosystem, aphria stock may touch new heights.