U.S. Markets open in 2 hrs 28 mins
  • S&P Futures

    3,629.75
    -3.00 (-0.08%)
     
  • Dow Futures

    29,936.00
    -62.00 (-0.21%)
     
  • Nasdaq Futures

    12,106.00
    +30.00 (+0.25%)
     
  • Russell 2000 Futures

    1,845.40
    -6.10 (-0.33%)
     
  • Crude Oil

    45.08
    +0.17 (+0.38%)
     
  • Gold

    1,809.10
    +4.50 (+0.25%)
     
  • Silver

    23.43
    +0.14 (+0.58%)
     
  • EUR/USD

    1.1888
    -0.0008 (-0.0713%)
     
  • 10-Yr Bond

    0.8820
    0.0000 (0.00%)
     
  • Vix

    22.00
    -0.66 (-2.91%)
     
  • GBP/USD

    1.3331
    -0.0027 (-0.2026%)
     
  • USD/JPY

    104.4730
    -0.0070 (-0.0067%)
     
  • BTC-USD

    19,261.77
    -4.88 (-0.03%)
     
  • CMC Crypto 200

    382.52
    +12.77 (+3.45%)
     
  • FTSE 100

    6,391.53
    -40.64 (-0.63%)
     
  • Nikkei 225

    26,296.86
    +131.27 (+0.50%)
     

Pot producer Aphria buys beer maker Sweetwater for $300 mln in U.S. push

Nov 4 (Reuters) - Aphria Inc said on Wednesday it will buy privately owned beer maker SweetWater Brewing Co for $300 million, becoming the latest Canadian pot producer to make a push into the U.S. beverages market.

Aphria said the deal is expected to be immediately accretive to its earnings per share and likely to close before the end of this year. (Reporting by Shariq Khan in Bengaluru; Editing by Shounak Dasgupta)