TLRY - Rumors Of Green Thumb And Boston Beer Merger: What Investors Need to Know Analyst Breaks It Down | Benzinga
Green Thumb Industries (OTC: GTBIF) has expressed interest in merging with Boston Beer (NYSE: SAM), according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer? How will this impact the profitability of both companies? Could this merger set a precedent for future deals in the cannabis and beverage industries?
Zuanic’s report presents the implications for investors of this potential merger, as it could reshape the cannabis and beverage sectors.
$3 Billion In Proforma 2023 Revenues
Boston Beer shares rose by 30% following a report of Suntory (OTC: STBFY) being in talks to acquire the company. On June 4th, a letter from Green Thumb CEO Ben Kovler to Boston Beer chairman Jim Koch was revealed, expressing interest in a merger. According to the report, despite Green Thumb issuing a statement refusing to comment on market rumors, the details suggest this is more than mere speculation.
A merger between Green Thumb and Boston Beer would create a ...