It's Been 5 Years Since Tilray Merged With Aphria to Create a "Global Cannabis Leader." Here's How It's Done Since Then
Key takeaways
- The press release announcing the deal said the combined businesses would create "a global cannabis leader." The expectation was that the entity would be able to grow into new markets and be profitable.
- Today, Tilray Brands is one of the leading cannabis companies in the world, but it s been a volatile five years since this merger was completed.
- Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
David Jagielski, CPA, The Motley Fool Mon, May 11, 2026 at 9:05 PM GMT+7 3 min read TLRY In May 2021, Tilray Brands (NASDAQ: TLRY), which was then known as just Tilray, merged with low-cost cannabis producer Aphria, in what was a massive deal in the marijuana industry. The press release announcing the deal said the combined businesses would create "a global cannabis leader." The expectation was that the entity would be able to grow into new markets and be profitable.
Today, Tilray Brands is one of the leading cannabis companies in the world, but it s been a volatile five years since this merger was completed. Let s take a look at how the business has performed since then, how the stock has done, and whether it s a good investment to consider for growth investors today.
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