அதன் அப்ரியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from அதன் அப்ரியா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In அதன் அப்ரியா Today - Breaking & Trending Today
Aphria (NASDAQ:APHA) and Tilray (NASDAQ:TLRY). Benzinga spoke with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors. The executives shared details on how the deal came to be, and their expectations for the future, which, they say, doesn’t include massive layoffs. Cantor Fitzgerald’s analyst Pablo Zuanic praised the merger. The Canadian cannabis sector is in need of consolidation due to the oversupply problems and “historically low flower retail prices,” he explained. Green Market Report CEO Debra Borchardt told Benzinga the Aphria/Tilray merger “was certainly a good deal for Tilray shareholders, while the Aphria shareholders will probably have to wait a bit before they see the benefits of this deal. The combined company will definitely be a powerhouse of revenue, there is no question about that.” ....
The Week In Cannabis: Tilray-Aphria Merge, Aurora Continues Layoffs, Financings, Earnings, M&A Benzinga 12/18/2020 Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY). Benzinga spoke with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors. The executives shared details on how the deal came to be, and their expectations for the future, which, they say, doesn’t include massive layoffs. Cantor Fitzgerald’s analyst Pablo Zuanic praised the merger. The Canadian cannabis sector is in need of consolidation due to the oversupply problems and “historically low ï¬ower retail prices,” he explained. ....
Aphria (NASDAQ:APHA) and Tilray (NASDAQ:TLRY) are in merger talks and the companies confirmed the merger Wednesday morning. What Happened: A variety of exchange-traded funds are poised to benefit, perhaps none more so than the Amplify Seymour Cannabis ETF (NYSE:CNBS). On volume that was slightly above the daily average, CNBS finished Tuesday with a 3.62% gain, extending its 2020 upside to 33.53%. Why It s Important: The status of CNBS as a credible play on this takeover rumor is easy to explain: Its Aphria weight outpaces that of many of its rivals. Entering Wednesday, CNBS allocates 9.93% of its weight to that stock, making it the fund s largest holding, according to Amplify data. ....