Breaking News | Why Canopy Needs Aphria Takeover to Balance Aurora-Medreleaf Deal

Breaking News | Why Canopy Needs Aphria Takeover to Balance Aurora-Medreleaf Deal
Breaking News | Why Canopy Needs Aphria Takeover to Balance Aurora-Medreleaf Deal
Breaking News | Why Canopy Needs Aphria Takeover to Balance Aurora-Medreleaf Deal

iStock/emer1940 Canopy Growth Corp (OTCMKTS:TWMJF, TSE:WEED) is the biggest player in the burgeoning marijuana market. Or at least it was until the .2-billion Aurora-MedReleaf deal was announced. This report considers the impact of that deal on our Canopy Growth stock forecast, while also speculating what Canopy might do in response. Let’s start with the Aurora-MedReleaf acquisition. Combined, the two companies—Aurora Cannabis Inc (OTCMKTS:ACBFF, TSE:ACB) and MedReleaf Corp (OTCMKTS:MEDFF, TSE…

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Breaking News | Why Canopy Needs Aphria Takeover to Balance Aurora-Medreleaf Deal

One thought on “Breaking News | Why Canopy Needs Aphria Takeover to Balance Aurora-Medreleaf Deal”

  1. One comment. If Canopy did a raise in conjunction with the NYSE listing, they could continue their program of converting existing greenhouses used to grow other crops to marijuana. It would not (as the video states) take 2 years to ramp up production. As attitudes change, maybe acquiring greenhouses outside of Canada makes more sense to continue expansion.

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