Despite the fact that 2019 was a weak year for the cannabis industry as a whole, Aphria (NYSE: APHA) could be poised to be one of 2020’s most profitable, according to investment experts at the Motley Fool.
Canada-based Aphria has a market capitalization of $1.2 billion as of January 2020 and saw a revenue of $36.92 million CAD in 2018. One of Canada’s top cannabis companies, Aphria boasted year-over-year revenue growth of about 849%, and experts expect that to continue in 2020 and beyond.