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Tilray and Aphria to Combine in Stock-Based Merger


December 16, 2020 at 7:39 am
Published by NCV Newswire
Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million)
Complementary, Scalable Medical and Adult-Use Cannabis Businesses Strengthen Leadership Position in Canada; Expands U.S. and International Reach through World-Class Cultivation, Manufacturing, Diversified Product Portfolio and Distribution Footprint
Robust Supply Chain and Operational Efficiencies Expected to Generate Approximately C$100 Million of Pre-Tax Annual Cost Synergies
Aphria and Tilray to Host a Conference Call and Webcast at 8:30 a.m. Eastern Time
LEAMINGTON, Ontario & NANAIMO, British Columbia-December 16, 2020-(BUSINESS WIRE)–Aphria Inc. (“Aphria”) (TSX: APHA and Nasdaq: APHA), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life, and Tilray, Inc. (“Tilray”) (Nasdaq: TLRY), a global pioneer ....

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