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Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.
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A market rotation appears to be underway. No, I m not talking about the shift from growth stocks to value stocks in the broader market. Instead, I m referring to the relative rise of Canadian cannabis stocks compared to U.S. pot stocks.
In 2020, most Canadian marijuana stocks languished, while many U.S.-based stocks soared. Although quite a few of the U.S. stocks are performing well in 2021, their Canadian counterparts have roared back.
3 Best Marijuana Stocks so Far This Year: Are They Buys Now? fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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A new giant in the fast-growing cannabis industry will be created after Tilray Inc. and Aphria Inc. agreed to combine their operations.
The all-stock deal, which puts together two of the industry’s best known names, will create a new entity with an equity value of about $4.8 billion (US$3.8 billion), according to a statement and interviews with the Tilray and Aphria chief executive officers. The enlarged group’s 12-month annual sales of $874 million surpasses that of industry leaders such as Curaleaf Holdings Inc. and Canopy Growth Corp.
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