Aphria shareholders vote in favour of merger, Tilray shareholders to vote Friday
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 14/04/2021 (2009 days ago), so information in it may no longer be current.
LEAMINGTON, Ont. – Aphria Inc. shareholders have voted in favour of the cannabis company’s plan to merge with Tilray Inc.
Leamington, Ont.-based Aphria did not immediately announce how many shareholders voted in favour of the deal, but said more than 65,000 shareholders and proxy voters were represented at the meeting.
The vote follows Aphria and Nanaimo, B.C.-based Tilray’s December merger announcement.
If the deal moves forward, the two will operate under the Tilray name with Aphria chief executive Irwin Simon at the helm.
The new company will have a pro forma revenue of $874 million and will control more than 17 per cent of the retail cannabis market — the largest share held by any Canadian licensed producer.Tilray has scheduled a shareholder vote on the deal for Friday.
This report by The Canadian Press was first published April 14, 2021.
Companies in this story: (TSX:APHA)
Note to readers: This is a corrected story. An earlier version included an incorrect date for Tilray’s shareholder vote.
