Q: Could I get your opinion on these three stocks .
Thanks
Jim.
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Organigram Holdings Inc. (OGI)
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Aphria Inc. (APHA)
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Supreme Cannabis Company Inc. (The) (FIRE)
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Aurora Cannabis Inc. (ACB)
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Tilray Inc. (TLRY)
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Canopy Growth Corporation (CGC)
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HEXO Corp. (HEXO)
Q: I have put in approx $1000 in each of the 7 companies after yesterdays drop, do you see a potential for increase in the short term say 6 months to 1 year? Why is there so much interest in FIRE lately?
Read Answer
Q: Does this make sense? Thanks!
This is an incredibly simple idea for any Tilray shareholders but it is also a good one. Tilray (TLRY) and Aphria (APHA) are combining. They will become one, probably by August. So if you own Tilray, you will still own TLRY shares by then. If you own Aphria, you’ll own TLRY shares by then, too. But if you invest the same number of dollars in Aphria, you’ll end up with more TLRY. More TLRY is better than less. Today, the deal is worth $53.51 in TLRY shares for each Aphria share you own. That is a $27.21 net spread above today’s Aphria market price.
WHY?
EACH Aphria share WILL GET 0.8381 TLRY shares.