Corparate Cannabis Announces Mega-Merger (MarketWatchers Declare HOLD)
Corparate Cannabis Announces Mega-Merger (MarketWatchers Declare HOLD)
CANNABIS CULTURE – Corporate Cannabis firms Tilray and Aphria have announced they will merge. The result will be the largest licensed producer on the corporate cannabis scene — and market watchers are skeptical whether this will be a net-positive for the industry or yet another money pit. Tilray reported a loss of over $250 million in 2020 according to the report it filed with the Securities and Exchange Commission. Tilray CEO Brendan Kennedy did not…
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