Major marijuana producer Tilray has announced it will shut down operations in Nanaimo and focus cultivation in B.C. at its Broken Coast facility in Duncan. The Canadian company will close its office. . .
Cannabis producer Tilray closing its Nanaimo operations timescolonist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timescolonist.com Daily Mail and Mail on Sunday newspapers.
How Smaller LPs Can Succeed as Canada s Cannabis Market Consolidates – New Cannabis Ventures newcannabisventures.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcannabisventures.com Daily Mail and Mail on Sunday newspapers.
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Aphria will lose its name in a huge merger between two of Canada’s pot giants that will result in the largest global cannabis company.
Leamington-based Aphria Inc. and Nanaimo, B.C.-based Tilray Inc. announced on Wednesday they are joining their businesses in the new year to create a $4.8-billion enterprise that will continue under the name Tilray and trade on the American Nasdaq stock market.
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While being described as a merger, “make no mistake, this is an acquisition (by Aphria),” said Craig Wiggins, a Tecumseh-based industry analyst and managing director of The Cannalysts Inc.