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