RE:RE:Tilray vote gets extended
Now that Tilray has dropped the quorum requirement of shareholders present at the meeting from a majority to one-third they should have no problems getting the votes to approve the merger. Remember that the issue here is not necessarily that the votes so far are against the merger, but rather that not enough voters have voted. The votes so far are likely overwhelmingly in favour of the merger as they would be from insiders, management and institutions. They just need to reach some of the retail shareholders to get them to vote.