Tilray and Aphria join forces

The Cannabis Giant is born: Tilray and Aphria

Thanks to these high sales numbers and political changes, two Canadian firms come together to create a new cannabis giant. And they are not two unknown companies, on the contrary. They are two of the most important Canadian firms in the sector. 
The CBD market is rising with a lot of consideration. And if we talk about the analyzes, companies in this medicinal field are rising like foam. If we remember correctly. Politics around the world are making a big change on the legality of CBD as a medicine. And it is that, for that same reason, companies that sell beverages, creams, food, oils or any type of product made from hemp are selling 3 times more. This is because they can sell their products internationally and to the countries that are legalizing it.

The facilities of Tilray and Aphria are huge


The most important ones


We are talking about the union of Tilray and Aphria. Thanks to their union, a new company valued at more than 3,000 million euros will be born.
Aphria has paid a 23% premium for taking 62% of the shares in Tilray. And it is that the Aphria company had revalued more than 58%. Although Tilray had lost more than half of its value.

Even so, the annual sales of the new group will exceed 560 million euros.
“I realized that Aphria needed to grow outside of Canada. And the merger with Tilray is the best answer because they are based in the United States and have a great international exposure.” Said Aphria CEO Irwin Simon.

Who will be the new president. and CEO of the merged company.

Aphria facilities

From America to Europe 

When they went public with their merger as companies, all of a sudden, the sales numbers were going up very quickly. Thus, and with good reason, they spread the euphoria to other values in the sector.
The new company will sell cannabis-derived products in Canada. Furthermore, its spokespersons point out that the Tilray license will operate in Portugal. And it will allow tariff-free access to the European market.

The current Tilray captain, Brendan Kennedy commented that Aphria owns assets in Germany, a medical marijuana distribution center and growing facilities. “With this agreement we not only won in Canada, but also in Europe,” he said.

This new merger is also interested in something new: in the sale of beverages. Aphria has bought the Sweetwater brewery, which makes cannabis-flavored drinks, and Tilray is associated with the multinational AB InBev, the world’s largest brewer.

Now talking about numbers, sales and money, the European cannabis market will be worth $ 359 million in 2020, 25% more than in 2019.

According to Brightfield Group. Although, the best expectations are in the US Should its recreational use become widespread, it is expected to represent 70% of the world market. With a value of 93.800 million dollars in 2025.
Which, if we keep thinking about numbers, sales, legal fees, politics, and marijuana. It gives the feeling that we will have a green future around the world.

Although, do you think that the big American companies will do with Europe, or will there be new European companies wanting to do the same?

Would you buy European products rather than buy them from the best companies already recognized – although they are Canadian and American -?

tilray facilities

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