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Is a Merger Between These 2 Major Pot Stocks Inevitable?

There's been a lot of talk lately that Canadian pot giants Aurora Cannabis (NYSE: ACB) and Aphria (NASDAQ: APHA) have been discussing a potential merger. According to BNN Bloomberg, in mid-month, Aurora and Aphria "held advanced talks" about a possible deal. The talks did end up breaking down, but not before they went into the details, including that Aphria shareholders would come away with a majority (51%) stake of the new company and that Aphria's current CEO, Irwin Simon, would be in charge of the new entity. Read More...

Is a Merger Between These 2 Major Pot Stocks Inevitable?

There’s been a lot of talk lately that Canadian pot giants Aurora Cannabis (NYSE: ACB) and Aphria (NASDAQ: APHA) have been discussing a potential merger. According to BNN Bloomberg, in mid-month, Aurora and Aphria “held advanced talks” about a possible deal. The talks did end up breaking down, but not before they went into the details, including that Aphria shareholders would come away with a majority (51%) stake of the new company and that Aphria’s current CEO, Irwin Simon, would be in charge of the new entity.

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