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?
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Source Fool.com