The then blockbuster merger between Canopy Growth and Mettrum was to many the precursor to the M&A activity that cannot be avoided for any new growing industry. Our regular readers have been prepared for this. Right now, there are several companies engaging in M&A activity and you may hold shares in companies that are currently involved in M&A and you may even own shares in companies that have had trading in their shares halted pending M&A. A good example of the latter would be Canabo Medical Inc (TSXV:CMM). CMM was featured in our low market cap strategy last summer so it should come to no surprise that CMM is now involved in M&A with Alefia Inc. Alefia recently acquired 100% of the shares of 755064 Ontario Inc (operating as AeroFarms Canada – a licensed producer located in Scugog Ontario). Just by scanning the daily headlines on a trusted news feed site such as marijuanaindex.com one will see the increase in M&A activity. Let’s look at the two large ones that are before us: Aurora Cannabis Inc (TSX:ACB) with CanniMed Therapeutics Inc (TSX:CMED) AND Aphria Inc (TSX:APH) with Nuuvera Inc (TSXV:NUU).
275