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Forget Aphria and Tilray: This Cannabis Merger Is Much More Promising


There has been a significant uptick in mergers and acquisitions (M&A) activity in the burgeoning cannabis industry lately. This month, Canopy Growth announced plans to acquire Supreme Cannabis. And last year, Tilray (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) made headlines when the two Canadian cannabis giants agreed to join forces.

However, I think there's an even better merger out there that offers investors greater potential returns. It involves Greenlane (NASDAQ: GNLN) and KushCo (OTC: KSHB). Although they are smaller companies, that combination looks to be a smarter investment than the one involving Aphria and Tilray. 

Image source: Getty Images.

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Source Fool.com

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