Tilray (TLRY) and Aphria Complete Merger to Create the World's Largest Cannabis Company by Revenue

Go back to Tilray (TLRY) and Aphria Complete Merger to Create the World's Largest Cannabis Company by Revenue

Tilray (TLRY) & Aphria (APHA) Announce Closing of Transaction That Creates the 'New' Tilray - a Global Cannabis Leader

May 3, 2021 6:26 AM EDT

Tilray, Inc. and Aphria Inc. today announced the completion of the previously announced business combination, ushering in a new era in the global cannabis industry. The combined company, which will operate as Tilray, brings together two highly complementary businesses to create the leading cannabis-focused consumer packaged goods company with the largest global geographic footprint in the industry. The combined company had a market cap of approximately US$8.2 billion based on the closing stock prices on April 30, 2021.

The Companys class 2 common stock will continue to trade on the Nasdaq Global Select Exchange under the ticker symbol TLRY... More