Tilray and Aphria completed the merger. Aphria shareholders received 0.8381 shares of Tilray for each of their securities. They own 62% of the combined company. Tilray shares will continue to be traded on NASDAQ and will also begin trading on the Toronto Stock Exchange under the ticker symbol TLRY on May 5, 2021.

Aphria's loss according to IFRS for 9M2011 was $486.689 mln. The company's profit was $486.689 mln, compared to $14.209 mln in the previous year. Revenue increased 17.6% to $459.859 million from $391.136 million a year earlier.

Aphria's loss under IFRS for the six months of fiscal year 2021 was C$125.693 million, compared to a profit of C$8.512 million in the previous year. Revenue increased 24.1% to C$306.221 million from C$246.712 million a year earlier.

Aphria and Tilray have entered into a merger agreement to create the world's largest cannabis company. Aphria shareholders will receive 0.8381 shares of Tilray for each of their shares. As a result, they will own 62% of the combined company. The merger is expected to be completed in Q2 2021, subject to regulatory approvals and shareholder approval.