The main reason for optimism is the upcoming merger with rival Aphria (NASDAQ:APHA) in a $4 billion deal that will make Tilray one of the biggest marijuana producers in … After Reddit Hype, Earnings Could Be a Trap for Sundial Growers Stock Mar. This is a bad look ahead of its merger with Tilray. On Monday, Tilray, Inc. (NASDAQ: TLRY) and Aphria, Inc. (NASDAQ: APHA) closed their merger … Anticipated Last Trading Date: April 30, 2021 Anticipated Marketplace Effective Date for Suspension:May 3, 2021 Trading is expected to begin on a stock split-adjusted basis on July 20. This was an eventful week for the cannabis industry. For a moment, there was a merger-related case for APHA stock regardless. So when purchasing options, each option you purchase is for 100 shares of the stock. If you were a close follower of the recent Reddit-fueled stock trading craze, you may recognize Sundial Growers, which was catapulted from a 52 … APHA stock is down 13% today, trading at $14.17, and TLRY stock has fallen over 11% to $17.49. Eventually, on the merger date, APHA … APHA’s shareholders have voted in favor of the merger, while TLRY is scheduled to hold its shareholder vote on April 30. The merger is anticipated to become effective today, April 30, 2021. However, there has been a sell-off since then. Much of … ET on InvestorPlace.com 10 of the Hottest ETFs To Buy Right Now 15, 2021 at 3:15 p.m. In 2020, Tilray (TLRY) and Aphria (APHA) announced their merger where Aphria would merge with Tilray. If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Reddit group WallStreetBets also pumped up some marijuana stocks. On May 3, Aphria Inc. (NASDAQ: APHA) announced that it had completed a merger with Canadian rival Tilgray in a deal that would result in $81 million in … Thanks to the crazy Reddit-driven rallies in February, the spread between TLRY and APHA ballooned. On April 14, Aphria will host a special meeting for shareholders to approve the merger. The way this works is you get .8381 of you APHA shares as TLRY shares after the merger.

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