Dilution now becauseWhy do you think they did a bought deal the day before legilization? its obvious they are anticipating a lower share price post legilization vote. if the stock drops 30% post legilization then they just saved over 70 million dollars.
This is a strategy to get the best price for the offering. aphria is anticipating a lower share price, otherwise they would have waited for the stock to climb post vote.