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Is the Aphria-Tilray Merger in Trouble?

TheMotleyFool

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In December, Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) announced plans to merge. The combination of the two Canadian cannabis operators would create the biggest cannabis company in the world based on pro forma revenue.

Both companies expected the deal to close in the second quarter. However, what had been hoped to be a smooth transaction hit a bump in the road last week. Is the Aphria-Tilray merger in trouble?

Image source: Getty Images.

Source Fool.com

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