2 Stocks to Watch for in 2019
If you're looking for a pot stock to invest in for 2019, we've got two that could be great buys for two very different reasons.
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M&A
Every story filed under M&A, newest first.
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U.S. Cannabis Company Looks to Takeover Aphria Inc (TSX:APHA)
Green Growth Brands Ltd (CNSX:GGB) announced that it was intending to purchase Canadian pot producer Aphria Inc (TSX:APHA)(NYSE:APHA) in a takeover attempt.
Big Tobacco Buys Cannabis: Altria to Make $2.4 Billion Investment in Cronos Group Inc
It was only recently that we heard rumours that Altria Group Inc (NYSE:MO) was interested in buying Cronos Group Inc (TSX:CRON)(NYSE:CRON), but on Friday we learned just how serious the talks really were. Altria just announced an investment of CAD $2.4 billion into Cronos in return for a 45% interest in the company with the ability to increase that to 55% within four years.