Bullboard - Stock Discussion Forum Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints... see more

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Aphria Inc. > Stupid question

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Post by Michals on Jan 27, 2021 12:03am

Stupid question

What happens to Canadian stock holders after the merger since there is no tsx Tilray. How is this ownership transferred?

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Comment by DoctorD1954 on Jan 27, 2021 5:21pm

I don't think anyone knows for sure. I sent email inquiries to both Tilray and Aphria about this and neither bothered to respond. I suspect they will do one of three things... 1. Start up a Tilray listing on the TSX and convert APHA shares over to it or 2. Convert TSX shares over to Nasdaq shares based on exchange rate and then conver those to Tilray shares as well. Just a guess. Cheers

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Comment by Viking49 on Jan 27, 2021 5:42pm

1. Start up a Tilray listing on the TSX and convert APHA shares over to it or 2. Convert TSX shares over to Nasdaq shares based on exchange rate and then conver those to Tilray shares as well. Just a guess. Cheers During the last quarter financial conference call Irwin mentioned Tilray would be getting a listing on the TSX. More details late April or May.

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