Dec 27 (Reuters) - U.S. marijuana company Green Growth Brands Ltd GGB.CD said on Thursday it intends to make an offer for Aphria Inc APHA.TO , valuing the marijuana producer at C$2.8 billion ($2.06 billion).
Green Growth said Aphria shareholders will receive 1.5714 Green Growth shares for each of their share, representing a premium of 45.5 percent over Aphria's closing price on the Toronto Stock Exchange on Dec.24. ($1 = 1.3615 Canadian dollars)