Cannabis producer Tilray closing its Nanaimo operations
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Aphria Inc. (APHA) Q3 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble.
Aphria Inc. (NASDAQ: APHA)
Operator
Good morning. My name is Mariama, and I will be your conference operator today. At this time, I would like to welcome everyone to the Aphria Inc. Q3 Quarterly Investors Call.
[Operator instructions] Mr. Carl Merton, you may begin the conference.
Carl Merton
Chief Financial Officer
Thank you, Mariama. Good morning, everyone, and thank you for joining us to discuss Aphria Inc. s financial results for the third quarter ended February 28, 2021. Joining me on today s call are Irwin Simon and other members of our management team. By now everyone should have access to the earnings release, financial statements, and MD&A, which are available on the Investors section of Aphria s website at www.aphriainc.com.
Article content
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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Try refreshing your browser, or Leamington s Aphria Inc. loses name in blockbuster pot merger Back to video
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.
Article content
Aphria will lose its name in a huge merger between two of Canada’s pot giants that will result in the world’s biggest 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.
We apologize, but this video has failed to load.
Try refreshing your browser, or Leamington s pot giant Aphria loses name in blockbuster company merger Back to video
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.
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