RE:RE:RE:RE:Looks like the Tilray/Aphria deal is now confirmed. WeedTheNorth wrote: Overall, I think its a good thing. If an investor wants to invest in one of the top end cannabis companies, there's one less name to spread that investment into. It should also give a gut check to shorts
who hate morning surprises and have been thinking nothing can pop up anymore that they can't short down. Brockvegasgal wrote: Agree, looks like it will be officially announced this morning. Soooooooooo this means CGC/WEED won't be top dawg in Canada any longer. Any thoughts on this merger and what it might mean for us holding CGC/WEED? Good, bad, short term and long term? I'm a dedicated WEED holder and won't be changing. Just curious on other thoughts on this merger
Not only that but there can be more to come. I have a theory that InBev was behind this deal . I think they were eyeing Sweet Water -
one of the largest independent craft brewers in the United States based on volume- before Aphria scooped them . Hard seltzers and craft beer sales have been on the rise while regular beer sales on the decline . I think when this deal is complete InBev will take an Equity stake in Tilray similar to STZ's in Canopy. If this does happen expect a major sector bull run all over again.