Aurora Cannabis (TSX:ACB): Is the Stock Price Pullback Compl A number of smaller players might be attractive, but HEXO could be the one that Aurora Cannabis targets. HEXO has a dominant position in Quebec and is already working to enter the cannabis-infused drinks market through its partnership with Molson Coors Canada.
Rumours have emerged that Aurora Cannabis might be in talks with potential beverage partners, but acquiring HEXO could be a way to get instant access to the segment. HEXO has a market capitalization of about $1.3 billion.
A larger deal would be a takeover of Aphria. In that case, Aurora would become a giant in the medical cannabis space in both Canada and abroad. Aphria’s current market capitalization is about $4 billion.
https://ca.finance.yahoo.com/news/aurora-cannabis-tsx-acb-stock-180033699.html