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…
Investors think the new administration in the U.S. could bring an inflection point for the industry. READ MORE: https://finance.yahoo.com/m/3930af95-8923-37bc-9937-75d657ed9c39/why-aurora-cannabis%2C-aphria%2C.html?.tsrc=rss
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 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 announced a merger Wednesday that would create the biggest weed company by revenue. READ MORE: https://finance.yahoo.com/m/23145468-c9dd-3c8c-a7db-5d8b9541c60c/aphria%2C-tilray-to-form.html?.tsrc=rss
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: http://www.businesswire.com/news/home/20201216005519/en/Aphria-and-Tilray-Combine-to-Create-Largest-Global-Cannabis-Company-With-Pro-Forma-Revenue-of-C874-Million-US685-Million/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==
Aphria and Tilray rallied late Tuesday on a report that the two Canadian cannabis producers were discussing a merger. READ MORE: https://finance.yahoo.com/m/23145468-c9dd-3c8c-a7db-5d8b9541c60c/cannabis-stocks-aphria%2C.html?.tsrc=rss
Shares of Aurora Cannabis (NYSE: ACB) were trading down 2.5% as of 2 p.m. EST Friday, after being as much as 8% higher earlier in the day. Aphria (NASDAQ: APHA), another Canadian pot grower, also traded 6% higher before giving up most of those gains. There has been some news driving the stocks this week, but of the three, only…
Several marijuana stocks have continued to move up today. Shares of Aurora Cannabis (NYSE: ACB), Aphria (NASDAQ: APHA), and HEXO (NYSE: HEXO) are up 15%, 8%, and 20% respectively, as of 2 p.m. EST. While Aphria does have specific news that should fundamentally help the company, the moves are generally a continuation of a trend that has been ongoing since…
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…
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: https://finance.yahoo.com/m/9944d3e2-de5c-31ca-a2ef-e8767f9ca347/why-shares-of-aurora.html?.tsrc=rss
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: https://finance.yahoo.com/m/274f5cbd-b446-368b-b286-c7a994c8c3b7/why-aphria%2C-canopy-growth%2C.html?.tsrc=rss