The Canadian cannabis companies Tilray Inc. and Aphria Inc. announced the completion of their merger the first Monday of May after shareholder approval of both companies. As a result, the combined company has become the world's largest cannabis company as measured by revenue.
The two cannabis companies announced in December that they will merge under the name Tilray. The new combined company is ecpected to deliver cost-effective synergies within 18 months of closing this deal, generating a tax benefit of $ 81 million or more.
In the charts you can also see my previous prediction which I did not post. It has passed the last break of structure (long persp.), which is an indication to rise at least 70% I think. Does this sound like a double chance opportunity? What do you think? Please share your thoughts with me :).
The two cannabis companies announced in December that they will merge under the name Tilray. The new combined company is ecpected to deliver cost-effective synergies within 18 months of closing this deal, generating a tax benefit of $ 81 million or more.
In the charts you can also see my previous prediction which I did not post. It has passed the last break of structure (long persp.), which is an indication to rise at least 70% I think. Does this sound like a double chance opportunity? What do you think? Please share your thoughts with me :).