May 3, 2021 at 8:46 am Published by NCV Newswire Tilray & Aphria Announce Closing of Transaction That Creates the “New” Tilray – a Global Cannabis Leader Operational Efficiencies Expected to Generate Approximately US$81 Million Annual Pre-Tax Cost-Saving Synergies for New Tilray Within Eighteen Months Irwin D. Simon, Aphria’s Chairman and CEO, will Lead the New Tilray and Has Appointed New Executive Leadership Team; New Members of the Board of Directors Also Appointed New Tilray Poised to Transform the Global Cannabis Industry as a Consumer Packaged Goods Powerhouse with a Diversified Portfolio of Leading Brands Renewed Financial Strength to Drive Accelerated Growth Strategy and Sustained Profitability