Is Pot Stock Aphria a Buy In 2021?

Less than six weeks after announcing its $300 million acquisition of U.S. craft brewer SweetWater Brewing Company, Canadian pot grower Aphria (NASDAQ: APHA) has dropped a bombshell on the cannabis industry. 

Earlier this week, Aphria and fellow Canadian cannabis company Tilray (NASDAQ: TLRY) announced they will be merging to create the largest global cannabis producer. The all-stock deal will give Aphria shareholders 62% ownership of the newly combined company. So what will the new deals mean for Aphria in 2021? 

Image source: Getty Images.

Continue reading


Source Fool.com