Aphria Inc. APHA

RE:Which one of these companies made an offer on Aphria?

[Donbgamecock]

Gonetopot wrote:

Consolidation

 

The end of 2018 set the stage for more consolidation. Larger, more well-financed players were able to acquire smaller companies as the land grab frenzy heats up. Key end of year consolidations included MedMen's (MMNFF) acquisition of Pharmacann and the combination of iAnthus (ITHUF) and MPX Bioceuticals (MPXEF) . The latest announcement between Green Growth Brands and Aphria (APHA) has generated a heated discussion as to whether the proposed hostile bid is serious.

 

Multi-state operators (MSO) are rushing to plant flags in as many states as possible in order to claim to be the company with the largest footprint. There will certainly be more moves as the larger MSO's identify smaller, single state operators to add to their growing portfolios.

 

It's difficult to keep track of the how the MSO's rank as the picture keeps changing. There are many planned mergers that haven't actually closed.  Some mergers are announced to great fanfare and when they don't close, they just quietly end with little announcement. Having said that, these are the top five MSO's at this time.

Multi-State Operator	Number of Operating States	Number of facilities and/or licenses across states	Market Cap
Acreage Holdings(ACRG-U.CN, ACRZF)	19 states	Holds licenses to cultivate, extract/process, and/or sell medical and adult use cannabis in 19 states.	$961 million
Curaleaf (CURA.CN, CURLF)	12 states	35 dispensaries, 12 cultivation cites and 10 processing sites	$2.9 billion
MedMen/Pharmacann   (MMEN.CN, MMNFF)	12 states	Licenses for 76 retail locations and 16 cultivation and production facilities	$1.8 billion
iAnthus/MPX Bioceuticals (IAN.CN)	10 states	56 retail locations and 14 cultivation/processing facilities	$400 million
Green Thumb Industries(GTII.CN) (GTBIF)	9 states	9 manufacturing facilities & 61 retail locations	$1.6 billion

 

These industry leaders will undoubtably strike more deals this year. It is inevitable that national brands will develop despite the federal government's resistance. If these companies can continue to operate efficiently, they will be the cannabis leaders for the future.

 

https://realmoney.thestreet.com/investing/a-look-at-what-is-ahead-for-the-cannabis-industry-in-2019-14824222

Good post GTP.  

Many of the MSOs have realized that in order to conduct international MJ business, they need a Canadian  ompany that already posses international licenses.  Therefore, look for those US companies that have been trying to establish a global footprint.