Here's Why Tilray Stock Soared 22% Today

Here's Why Tilray Stock Soared 22% Today

Shares of Tilray (NASDAQ: TLRY) have been on a tear since the start of 2021. Today's jump comes after fellow Canadian pot grower and merger partner Aphria (NASDAQ: APHA) announced fiscal second-quarter 2021 earnings this morning. On Dec. 16, 2020, Aphria and Tilray announced plans to merge, creating what will be the largest global cannabis company by revenue.