RE:RE:Could Tilray or MSO be Looking for Another Hexo?quinlash wrote: We can't discount the possibility that Canopy Growth could be a buy-out target for another player in the sector or from some large Corporation looking to jump-start their position in the Cannabis Sector through a acquistion. This will likely be more of a reality once the US cleans up some of it's policies on Cannabis.
Considering Constellation Brands is the major backer of Canopy Growth the offer would have to be one lucrative enough the Constellation Brands to approve it.
Who might it be? Well that could be any one of the Pharma Companies or even a company like Pepsi or Coke (considering Canopy has a drink offering).
You guess is as good as mine.
I can't see CGC as a buyout target, not even for STZ. They already have been selling assets to divest. Some of the pieces may still be attractive after a chapter 11 filing. Hard to say, but I would not expect a premium. jmho.