RE:APHA/TLRY Merger: Pros & ConsI'm really back and forth on this. I see the potential of the new company and we get a lot in terms of deals with very large companies like Novartis and Inbev.
But it's hard to ignore that Aphria has about 3 times the assets, similar amount of liabilities (~$700 million), 3 times the market cap. We are still very undervalued and they are quite overvalued.
I think I like the deal but I'm not sure it's a fair one.