What's more exciting (to cannabis investors, at least) than growing a massive amount of marijuana? If you said, "combining the holdings of two major cultivators to grow a truly colossal amount of marijuana," you're probably already salivating over the merger between Tilray (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) , set to happen later this year.
The combined entity will consolidate resources into one of the industry's largest multinational players, and will retain Tilray's name. The business will make products that range from recreational cannabis to bulk hemp and craft beer. Still, the merger isn't finalized, and there's no guarantee that the resulting business's stock will be a winner. I'm optimistic that the deal will probably work out in the long run. But it's important for investors to understand what's looking favorable and what obstacles are likely to persist for the new Tilray.
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For further details see:
2 Green Flags and 2 Red Flags for Tilray and Aphria