Tilray and Aphria combo to be big on global stage FILE: Irwin Simon is pictured among rows of cannabis plants at Aphria Inc., in Leamington, Ont. on Oct. 25, 2019. / Photo by Dax Melmer /Windsor Star
Itâs a done deal for the merging of Tilray, Inc. and Aphria Inc., two Canadian cannabis giants, said to create a weed-focused company with the largest global geographic footprint in the industry.
First announced in December, the business combination means the new company operating as Tilray had a market cap of about US$8.2 billion ($10.1 billion) based on the closing stock prices on Apr. 30.
Advertisement
Article content
Tilray and Aphria combo to be big on global stage FILE: Irwin Simon is pictured among rows of cannabis plants at Aphria Inc., in Leamington, Ont. on Oct. 25, 2019. / Photo by Dax Melmer /Windsor Star
Itâs a done deal for the merging of Tilray, Inc. and Aphria Inc., two Canadian cannabis giants, said to create a weed-focused company with the largest global geographic footprint in the industry.
First announced in December, the business combination means the new company operating as Tilray had a market cap of about US$8.2 billion ($10.1 billion) based on the closing stock prices on Apr. 30.
Advertisement
Article content