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The Aphria and Tilray Merger Finally Closes

·2 min read
The Aphria and Tilray Merger Finally Closes
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Say hello to what has become, at a stroke, a dramatically larger marijuana company: the new version of Tilray (NASDAQ: TLRY). On Monday, Tilray announced that its "business combination" with peer Aphria (NASDAQ: APHA) had been completed, and the two are now one. The news comes one business day after shareholders of the previous version of Tilray voted in favor of the deal.