Does Aphria have an upside of ∞ from its current price?
Jun 03, 2021 · Jun. 3 2021, Updated 9:31 a.m. ET On Dec. 16, 2020, Aphria (APHA) and Tilray (TLRY) announced a merger that has created the world’s largest cannabis company. Both stocks jumped after the...
What is Aphria's stock price targets for the next 12 months?
Apr 03, 2022 · Aphria's stock was trading at C$3.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, APHA stock has increased by 349.7% and is now trading at C$16.55. View …
Is Aphria a buy or sell on marketbeat?
Mar 22, 2021 · When the merger is final, Aphria shareholders will receive 0.8381 shares of TLRY stock for each share of Aphria that they own. Aphria will then become a wholly owned subsidiary of Tilray, which...
Should you hold Aphria (APHA) stock?
Mar 22, 2021 · Aphria will also have seven directors and Tilray will have two. Next, the economics of the deal are more favorable for APHA stock. The company will receive 0.8381 shares of Tilray and get about 62%...
What happens with Aphria stock after merger?
The company will continue to trade on the Nasdaq Global Select Exchange under the symbol "TLRY" and will commence trading on the Toronto Stock Exchange under the symbol "TLRY" on May 5. Under the terms, Aphria shareholders receive 0.8381 of a Tilray share for each common share of Aphria.May 3, 2021
What will happen to Aphria shareholders?
Aphria shareholders voted in favor of the proposed merger with rival Tilray, which will create the world's largest cannabis company by revenue. Aphria (APHA) and Tilray (TLRY) first announced their proposed deal in December of last year.Apr 18, 2021
Will Aphria stock become Tilray?
NEW YORK & LEAMINGTON, Ontario--(BUSINESS WIRE)--May 3, 2021-- Tilray, Inc. (“Tilray”) and Aphria Inc. (“Aphria”) today announced the completion of the previously announced business combination, ushering in a new era in the global cannabis industry.
Is Aphria a good stock to buy now?
Currently, Aphria is trading at close to 0.73 times Tilray's share price. The single most compelling reason to buy Aphria stock right now is that this ratio absolutely must increase to the 0.8381 ratio included in the merger agreement.Mar 11, 2021
Should I sell Aphria stock?
Stockchase rating for Aphria Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
What brands does Aphria own?
Aphria offers multiple products under a portfolio of recreational cannabis brands, including Good Supply, B! NGO, Solei, RIFF, and Broken Coast.
Is Sundial growers a buy?
The price has been going up and down for this period, and there has been a -18.65% loss for the last 2 weeks....Predicted Opening Price for Sundial Growers Inc. of Thursday, April 21, 2022.Fair opening price April 21, 2022Current price$0.53$0.53 (Undervalued)
Is Tilray in the US?
(Tilray) is a global pharmaceutical, cannabis-lifestyle and consumer packaged goods company, incorporated in the United States, headquartered in New York City, New York. Tilray also has operations in Canada, Australia, New Zealand, and Latin America, with growing facilities in Germany and Portugal.
Should I hold Aphria?
The consensus among Wall Street analysts is that investors should "hold" Aphria stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APHA, but not buy additional shares or sell existing shares.
What is Aphria stock worth?
Key Turning Points52-Week High32.29Fibonacci 50%17.53Last Price15.38Fibonacci 38.2%14.0552-Week Low2.781 more row•Apr 30, 2021
Why is Aphria stock going down?
Aphria stock plunged Monday after the Canadian cannabis firm missed expectations for third-quarter sales and its net loss widened. Also falling were shares of Canadian peer Tilray , which plans to merge with Aphria.Apr 12, 2021
Is Aphria a buy right now?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aphria in the last twelve months. There are currently 3 hold ratings and 1...
What price target have analysts set for APHA?
4 analysts have issued 1-year price objectives for Aphria's shares. Their forecasts range from C$16.00 to C$28.00. On average, they anticipate Aphr...
Who are Aphria's key executives?
Aphria's management team includes the following people: Mr. Irwin D. Simon , CEO & Chairman (Age 62, Pay $6.54M) Mr. Carl A. Merton , Chief Fin...
Who are some of Aphria's key competitors?
Some companies that are related to Aphria include Bausch Health Companies (BHC) , Valeant Pharmaceuticals International (VRX) , Evotec (EVT) ,...
What other stocks do shareholders of Aphria own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Aphria investors own include Aurora Cannabis (ACB) , Cano...
What is Aphria's stock symbol?
Aphria trades on the Toronto Stock Exchange (TSX) under the ticker symbol "APHA."
How do I buy shares of Aphria?
Shares of APHA and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadia...
How much money does Aphria make?
Aphria has a market capitalization of C$0.00 and generates C$611.06 million in revenue each year.
How many employees does Aphria have?
Aphria employs 1,200 workers across the globe.
About Aphria
Aphria Inc. cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. The company offers pharmaceutical-grade medical cannabis, adult-use cannabis, and cannabis-derived extracts and derivative cannabis products under the Solei, RIFF, Good Supply, Aphria, P'tite Pof, and Broken Coast brands.
Headlines
Corporate Cannabis Takeover? Assessing 5 Big Industries Already At The Table - Benzinga - Benzinga
Aphria (TSE:APHA) Frequently Asked Questions
4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aphria in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Aphria stock.
What percentage of Aphria shareholders owns the combined company?
Aphria shareholders, however, will end up owning about 62% of the combined company. That’s why the arrangement is called a reverse merger. In the end, the combined company will have the advantage of being the biggest dog on the block.
Which states have legalized medical marijuana?
In the U.S., New Jersey became the latest state to legalize marijuana, while more than 30 states have legalized medical marijuana. Mexico is also getting closer to legalization. A bill to make recreational use of the drug legal has already been passed by one legislative chamber.
Is APHA a slam dunk?
APHA stock isn’t a slam-dunk marijuana stock pick. But it has the advantage of being the biggest cannabis company in the world once the Tilray merger settles. Investors looking for a quick win will probably be disappointed if they’re hoping that federal marijuana legalization will happen this year.
Is Aphria a publicly traded company?
When the merger is final, Aphria shareholders will receive 0.8381 shares of TLRY stock for each share of Aphria that they own. Aphria will then become a wholly owned subsidiary of Tilray, which would continue to be a publicly traded company.
Is marijuana legal in Canada?
But the promise of marijuana legalization continues to grow in North America. Canada, of course, has already legalized cannabis.
Is Biden more moderate than Harris?
And in any case, Biden has a more moderate stance than Harris. He supports the decriminalization of marijuana, and supports a law that would expunge the records of anyone who has been convicted of marijuana-related offenses.
Did Kamala Harris sponsor a bill that ended federal cannabis prohibitions?
She sponsored a Senate bill in 2019 that would have ended federal cannabis prohibitions. That bill died as the Senate was controlled by Republicans. But with the upper chamber now split 50-50 and Harris able to cast tiebreaking votes, there seemed to be real momentum that the government could take swift action.
How many directors does Aphria have?
Aphria will also have seven directors and Tilray will have two. Next, the economics of the deal are more favorable for APHA stock. The company will receive 0.8381 shares of Tilray and get about 62% of the ownership of the new entity. Interestingly enough, based on these terms, APHA stock is trading at a discount.
What is the name of the company that merged with Aphria?
After Aphria and Tilray merge, the combined entity will be called Tilray and the shares will continue to trade on Nasdaq under the ticker TLRY. Yet the terms of the deal look more advantageous to Aphria. First of all, the company’s CEO and chairman, Irwin Simon, will remain at the helm.
Why is Aphria merger important?
Having a cost advantage is extremely important especially as markets get saturated. This is why Aphria’s merger with Tilray is so critical. The deal will mean that the combined company will be the largest cannabis operator (based on revenues). There will also be significant cost reductions.
Is Aphria a distributor?
To this end, Aphria has its SweetWater Brewing segment, which is a craft beer manufacturer and distributor. The division has a presence in 27 states. And then Tilray has its U.S. Hemp and Wellness platform, which has distribution in 17,000 stores and a line of BD products.
Is cannabis a secular market?
Cannabis does look like a secular growth market. And it is global. According to research from BDSA, the spending is expected to hit a hefty $55.9 billion by 2026. This represents a 17% compound annual growth rate.
How many stores does Tilray have?
Also, it would have the largest global footprint with operations in North America as well as Europe. Tilray would have access to around 17,000 stores in North America. The company would be a diversified play on the marijuana industry with both medical and adult-use operations.
What is the need of the hour in the marijuana industry?
Consolidation is the need of the hour in the marijuana industry. Since most players are making losses, it makes sense to consolidate and benefit from economies of scale. Curaleaf has also announced the acquisition of EMMAC Life Sciences.
When will Aphria and Tilray merge?
The merger will be completed on May 5.
What is the ticker symbol for Tilray?
The new entity would start trading on the Toronto Stock Exchange on May 5 under the ticker symbol “TLRY. ”. The Nasdaq listed Tilray stock would continue to trade under its “TLRY” ticker symbol as it did before the merger. Article continues below advertisement.
Is TLRY merged with APHA?
TLRY and APHA merger is finally confirmed. While Aphria stockholders approved the merger earlier in April, Tilray had to delay the vote. Tilray was reportedly having trouble garnering the votes. It also lowered the quorum requirement for the stockholder meeting. Meanwhile, the good news is that TLRY stockholders have also approved the merger, ...
Has marijuana stock fallen in 2021?
Marijuana stocks have fallen. Meanwhile, marijuana stocks have fallen sharply from their 2021 highs as the euphoria over federal legalization has tapered down. That said, legalization could be a matter of “when” and not “if.”.
Who is the CEO of Aphria and Tilray?
First, the combined entity will get a new logo that blends the legacy of both the companies. Also, there will be management changes. Aphria CEO Irwin D. Simon will lead the new Tilray in a dual role as CEO and chairman, while Brendan Kennedy, who is the current Tilray CEO, ...
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What is NCV newswire?
The NCV Newswire is hand-curated by an editor and not automated in anyway.
What is a tilray?
The combined company , which will operate as Tilray (the “Company”), brings together two highly complementary businesses to create the leading cannabis-focused consumer packaged goods (“CPG”) company with the largest global geographic footprint in the industry.
Is Tilray a consumer?
In the United States, Tilray has a strong consumer packaged goods presence and infrastructure with two strategic pillars, including SweetWater, a leading cannabis lifestyle branded craft brewer, and Manitoba Harvest, a pioneer in branded hemp, CBD and wellness products with access to 17,000 stores in North America.
