Rumors Of Green Thumb And Boston Beer Merger: What Investors Need to Know, Analyst Breaks It Down – Green – Benzinga

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Green Thumb Industries GTBIF has expressed interest in merging with Boston Beer SAM, according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer? How will this impact the profitability of both companies? Could this merger set a precedent for future deals in the cannabis and beverage industries?

Zuanic’s report presents the implications for investors of this potential merger, as it could reshape the cannabis and beverage sectors.

$3 Billion In Proforma 2023 Revenues

Boston Beer shares rose by 30% following a report of Suntory STBFY being in talks to acquire the company. On June 4th, a letter from Green Thumb CEO Ben Kovler to Boston Beer chairman Jim Koch was revealed, expressing interest in a merger. According to the report, despite Green Thumb issuing a statement refusing to comment on market rumors, the details suggest this is more than mere speculation.

A merger between Green Thumb and Boston Beer would create a company with $3 billion in proforma 2023 revenues, with two-thirds from SAM.

Zuanic’s report explains SAM’s revenues are projected to increase by 2% in 2024, while Green Thumb’s are expected to grow by 15%. Despite higher sales, SAM operates in a flat to declining

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