APHA - Should Aurora Cannabis Acquire Aphria?
Aphria (APHA) has undergone a turbulent 2018 in which its stock lost two-thirds of its value as a result of a series of short reports alleging insider trading. Then there comes Green Growth (otcqb:GGBXF) which just launched a no-premium hostile takeover bid for Aphria. After we've articulated why Green Growth's bid is likely nothing more than a publicity stunt, we began thinking about who else could actually acquire Aphria. The most natural thought was Aurora Cannabis (ACB), arguably the most acquisitive cannabis company in the world.