Vote by Tilray shareholders on Aphria merger deal delayed until April 30

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NANAIMO, B.C. - A vote by Tilray Inc. shareholders on the cannabis company's deal to merge with Aphria Inc. has been delayed, allowing shareholders more time.

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Hey there, time traveller!
This article was published 16/04/2021 (2004 days ago), so information in it may no longer be current.

NANAIMO, B.C. – A vote by Tilray Inc. shareholders on the cannabis company’s deal to merge with Aphria Inc. has been delayed, allowing shareholders more time.

The vote had been scheduled for today, but shareholders will now vote on April 30.

The company says that shareholders who have already voted do not need to recast their votes.

Tilray products such as capsules, oils, and dried marijuana are displayed at their head office in Nanaimo, B.C., on November 29, 2017. THE CANADIAN PRESS/Chad Hipolito
Tilray products such as capsules, oils, and dried marijuana are displayed at their head office in Nanaimo, B.C., on November 29, 2017. THE CANADIAN PRESS/Chad Hipolito

Proxies previously submitted will be voted at the reconvened meeting unless revoked.

Tilray and Aphria announced their agreement to merge in December. If approved, the two will operate under the Tilray name with Aphria chief executive Irwin Simon at the helm.

Aphria shareholders voted 99.38 per cent in favour of the deal earlier this week.

This report by The Canadian Press was first published April 16, 2021.

Companies in this story: (TSX:APHA)

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