Green Thumb Industries(OTC:GTBIF), a prominent U.S. cannabis multi-state operator (MSO), is reportedly seeking a merger withBoston Beer Company. This move could allow GTI to list on a major exchange, leveraging Boston Beer's legal status.

Additionally, it could facilitate GTI's entry into the growing market for Hemp THC beverages, which are eroding alcohol sales.

What Happened: Merger Proposal

According to the Wall Street Journal, GTI sent a letter to Boston Beer on Sunday to discuss a potential merger. GTI has not commented on the reports, and Boston Beer has remained silent. This development follows...