Search: Aphria

Aphria Stock, Marijuana Stocks Rally On Sales Beat, But Analyst Cites These Concerns

Aphria stock and other marijuana stocks jumped on Thursday, after the Canadian cannabis producer reported fiscal second-quarter revenue that beat expectations. The pot grower reported the results after it agreed to merge with rival Tilray — potentially creating a global weed-industry giant — and as more focus shifts to the U.S. and its legalization prospects. Aphria reported net sales of…

Aphria and Tilray Plan $3.8 Billion Merger

A merger of cannabis giants Aphria and Tilray is poised to create a massive shift in the marijuana industry. The two companies announced the plans Dec. 16, with hopes of wrapping the process up in the second quarter of 2021.  Aphria and Tilray announced they will be merging to create a leading global company accrediting cannabis communities worldwide. It is…

Aphria, Tilray confirm deal to create new pot industry giant

Aphria Inc. and Tilray Inc. confirmed early Wednesday they have agreed to join forces in a blockbuster deal uniting two of the biggest names in the legal cannabis industry. The announcement follows BNN Bloomberg’s reporting Tuesday afternoon that the two sides were in advanced negotiations. Under the terms of the agreement, each Aphria share will be exchanged for 0.8381 of a Tilray…

Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million)

LEAMINGTON, Ontario & NANAIMO, British Columbia–(BUSINESS WIRE)–Aphria Inc. and Tilray, Inc. announce definitive agreement to combine and create the world’s largest global cannabis company READ MORE:

Aphria Inc. Closes Accretive, Strategic Acquisition of Sweetwater Brewing Company

LEAMINGTON, ON, Nov. 30, 2020 /CNW/ – Aphria Inc. (“Aphria“, “we” or the “Company“) (TSX: APHA) (NASDAQ: APHA), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life, announced it has closed the accretive, strategic acquisition (the “Acquisition“) of  SW Brewing Company, LLC (“SweetWater Brewing Company” or “SweetWater“), one of the largest independent craft brewers in the…

Why Shares of Aurora Cannabis, Charlotte’s Web, and Aphria Moved Higher Today

Shares of Canadian marijuana companies Aurora Cannabis (NYSE: ACB) and Aphria (NASDAQ: APHA), along with U.S.-based cannabidiol (CBD) products supplier Charlotte’s Web Holdings (OTC: CWBHF), have been on a tear since the U.S. election on Nov. 3. The election moved more buyers into the sector due to some wins at the polls. READ MORE:

Why Aphria, Canopy Growth, Cronos Group, and Other Marijuana Stocks Surged Today

Marijuana stocks soared on Tuesday, as the transition from the Trump administration to the Biden administration officially began. Biden has promised to decriminalize marijuana. For another, decriminalization could help to sway lawmakers and voters in more states to support marijuana legalization initiatives. READ MORE: