Cannabis companies Aphria and Tilray will merge to map vital world hashish company. CNBC’s Jim Cramer and David Faber discuss. Subscribe to CNBC PRO for access to investor and analyst insights:
The Canadian hashish companies will mix in an all-inventory deal that can map the world’s most entertaining hashish producer. Aphria shareholders will protect 62% of the blended company, with the corporate paying a 23% top price over Tilray’s Tuesday closing label. Tilray shares surged 30%, whereas Aphria shares jumped more than 8% in the premarket.
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