Aphria Enters US Via SweetWater Brewing Purchase, Anticipates Federal Legalization

Aphria Inc. (TSX: APHA) (NASDAQ: APHAhas finalized its purchase of SweetWater Brewing Company for $300 million.

The Ontario-based cannabis company detailed a few strategic and economic advantages that could come up from this deal, with the most important one being the simple and fast access to the U.S. market in case of federal legalization.

Aphria also noted that the combined company is expected to yield between CA$650 million ($498 million) and CA$675 million of …

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