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Aphria and Tilray to merge, creating a near-$4B market cap cannabis player

  • Under terms of the deal, Aphria (APHA) owners will receive 0.8381 shares of Tilray (NASDAQ:TLRY) for each Aphria share they own, while Tilray owners will continue to hold their shares. Aphria will own about 62% of the combined company at close at

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