Tilray: As Germany Closes In on Legal Cannabis, Rest of Europe Might Follow
Tilray expects to see $1 billion in revenue from Europe once legalization efforts come to fruition.
Source: thestreet.com
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Aphria & Tilray to merge and create the largest cannabis producer by sales
Chief Executive Irwin Simon of Aphria will head the new company. The reverse merger will give Aphria shareholders 0.8381 shares of Tilray Inc. Aphria Inc. (TSE: APHA) announced a reverse merger with its competitor, Tilray Inc. (NASDAQ: TLRY) on Wednesday – a move that will establish the largest cannabis producer in terms of sales. The Canadian company also said that the merger will help it expand its footprint in the U.S. market. Tilray shares were reported about 30% up in premarket trading on Wednesday. Including the price action, the Nanaimo-based company now has a per-share price of £7....
Source: invezz.com