Jim Cramer on cannabis companies Aphria and Tilray merging

Cannabis companies Aphria and Tilray will merge to create the largest global cannabis company. CNBC’s Jim Cramer and David Faber discuss. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

The Canadian cannabis companies will combine in an all-stock deal that will create the world’s biggest cannabis producer. Aphria shareholders will hold 62% of the combined company, with the company paying a 23% premium over Tilray’s Tuesday closing price. Tilray shares surged 30%, while Aphria shares jumped more than 8% in the premarket.

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/

#CNBC
#CNBCTV

48 Comments

  1. j loos on May 28, 2021 at 7:33 pm

    i’m beginning to think Cramer is a CCP member………



  2. John Markham on May 28, 2021 at 7:33 pm

    A game of divide and conquer, Americans stand against the election fraud cover up, because it’s not going to go away until everyone knows the truth.^^^



  3. G. E. B. on May 28, 2021 at 7:33 pm

    The competition for these stocks is people just growing weed (legally) at home. Seems like pretty stiff competition to me.



  4. Mark on May 28, 2021 at 7:34 pm

    the stocks have 2x since this video



  5. le kloon on May 28, 2021 at 7:34 pm

    cannabis stocks are going to do a Tesla / Bitcoin



  6. DJ ASHVIN BARIA REMIX on May 28, 2021 at 7:36 pm


  7. Stefan laluna on May 28, 2021 at 7:36 pm

    as with everything progressive, forwards looking, modern, (everything after 19th century for him), evolutive, Mitch McConnell will block it
    (excepts if it’s fascist or any other way evil in nature) (but then that is apparently the will of the American "people")



  8. jaguar700 on May 28, 2021 at 7:37 pm

    Yeahhhh this did not age well. Glad I bought TLRY @ $9.



  9. Thienbaoguonghung Truonghoangtrung on May 28, 2021 at 7:38 pm

    The roasted semicircle bioinformatically matter because dugout postauricularly reduce onto a meek shrine. kaput, coordinated soy



  10. debella22 on May 28, 2021 at 7:38 pm

    I’ve aphria I purchased them for $6.18 three months ago, good investment I’m holding my stocks



  11. L2HfT on May 28, 2021 at 7:40 pm

    Buy CANN my friends! It is still a steal and gonna be 10x in next 5years in my opinion



  12. Spliff Sensei Roe Jogan on May 28, 2021 at 7:40 pm

    If weed was legal America would be so cool, but we r ran by 200 yr old reptilians that like to see ppl suffer from lack of adult reasonable freedoms 😢💔



  13. Warrior R6 on May 28, 2021 at 7:41 pm

    Will Tilray still get it’s flower exctracted by Valens Company (TSX:VLNS), if so then it’s super great for the extraction company valens aswell for future growth in extraction with aphria ?



  14. HopeInChrist4891 on May 28, 2021 at 7:44 pm

    There is a virus taking over the world, and I’m not talking about Covid. I’m talking about the virus of sin. But there is a Vaccine for it! His name is Jesus. Not only that, but He took the piercings for you, to release the healing power and life which is in His blood. It’s the cure to depression, anxiety, fear, anger, etc. Salvation and healing are available for all who receive Him.

    Repent & turn to Jesus and put your trust in Him. Believe in the Gospel: Christ died for your sins, was buried, and rose on the third day so that you would be delivered from the fires of hell and have eternal life in Him. Jesus loves you!!!!!!!



  15. Chris Molloy on May 28, 2021 at 7:44 pm

    😎



  16. 450peen on May 28, 2021 at 7:47 pm

    Aphria about to spank some a** this week… locked n loaded 1111 shares for ya DAD



  17. Keng Yuan Chang on May 28, 2021 at 7:47 pm

    @2:25 I love how they find it enticing but try to hide it and chuckled



  18. Peter Kim on May 28, 2021 at 7:47 pm

    Aged like milk



  19. Mark Anthony on May 28, 2021 at 7:48 pm

    What happens to the Aphria Stock holders if the new merger is assuming the Tilray name? Will they merge into one automatically?



  20. Fart Jackson on May 28, 2021 at 7:49 pm

    Buds going to go thrue the roof. Now that everyone is devastated and depressed that their lives and country have been destroyed for a fake virus.



  21. Mark Warren on May 28, 2021 at 7:52 pm

    Medical and Recreational stores in MASS can no longer send text messages to customers/patients due to federal restrictions… not getting any better under Biden



  22. Tamez Roberts on May 28, 2021 at 7:54 pm

    Cannabis investments are very profitable if you are investing with the right person or firm, i never believed in it till i met a man who helped me earn a lot in very little time. i was able to earn up to $35,000, this was overwhelming. i had few friends invest too and they loved the outcome and thanked me for it. Guys I’m not trying to sell you anything or advertise for anybody or firm.



  23. Adam Proceviat on May 28, 2021 at 7:54 pm

    Still early in legalization in Canada not even legal in US at a federal level. On the last cannabis run, all these guys couldn’t stop talking about how good these cannabis companies are. Think long term on these. Check back in 5-10 years.



  24. Therealist Tru' on May 28, 2021 at 7:55 pm

    Mitch could always have a stroke



  25. justinw1198 on May 28, 2021 at 7:55 pm

    This guy has no idea what he’s talking about. Tilray is already making moves on their own. Do your research.



  26. sychtes on May 28, 2021 at 7:55 pm

    Can you guys sample that “taste great, less filling” about 30 minutes before the show and just let the good times roll during the open…..get like a sixer deep between Jim and Faber…..leave Carl out of it…..I want him to abstain and just try to manage the madness…



  27. Hulk Hagrid on May 28, 2021 at 7:56 pm

    Canopy’s weed is not great, so honestly you trying to sling it is silly af.



  28. Steve P on May 28, 2021 at 7:58 pm

    I wonder if he would like Blozf, Cannabix Technologies. They are developing law enforcement tools for DUI testing cannabis. They are still pretty small…



  29. AnTione on May 28, 2021 at 7:58 pm

    💪🏿📈💲📈💲📈💲📈💲📈



  30. G S on May 28, 2021 at 8:00 pm

    YOU CAN CALL ME APHA’S PROPHET! I mentioned about APHA that it would reach over $12 dollars a share. Do not listen this dumb ass! a few weeks ago. MY Next prediction $28 a share in 4 weeks!



  31. billy q on May 28, 2021 at 8:01 pm

    dump + dump = dump



  32. SONNY COATES on May 28, 2021 at 8:02 pm

    Cramer’s totally missing the point on EU medical/legalisation…U.S. is last priority- BUY!



  33. HoverbotFPV on May 28, 2021 at 8:04 pm

    Desperate move, Hexo selling out all the time in stores and Tilray and Aphria minor popularity and presence. They screwed the founders now APHA is just an illusion. Largest ie scammy diluted bloated value LOL!



  34. Ip man Ip mam on May 28, 2021 at 8:08 pm

    Big deal



  35. Furthermore productions Salls on May 28, 2021 at 8:09 pm


  36. blade18nucca on May 28, 2021 at 8:10 pm

    Guys hope on now with certain stocks my prediction in future will be federally accepted, taxed along with crypto bitcoin doge being accepted to buy it!!!???.. it’s our future whatbwe want they will follow. Govt!!



  37. RLS Norton on May 28, 2021 at 8:13 pm

    Gee Whiz___ small, tiny cannabis companies, with all due respect, sober 40 years,
    The alcohol, and tobacco industries are HUGE with substances that cause harm.
    Who’s delaying federal regulation?



  38. Peter Lucas on May 28, 2021 at 8:15 pm

    *I have always believe in Stock market and other Economics activities but Is really unfair that 2020 trading and stock market is just difficult and unbelievable which is too bad now i rather invest my money only on bitcion and gain more profit in return*



  39. John Jackson on May 28, 2021 at 8:15 pm

    Jimmy mad he’s gonna have to buy high



  40. Flakegold on May 28, 2021 at 8:18 pm

    ”No, No” the guys are in synch, the perfect duo



  41. Lars Panderson on May 28, 2021 at 8:18 pm

    Lol, imagine thinking a 4 billion dollar merger is big. Cannabis is dead Jim, the only thing left in it is dumb money. Tilray is down 66% since the IPO, 94% from its high, and loses massive amounts of money. You’re a bunch of fools that have no idea what you’re doing.



  42. flippygat3 on May 28, 2021 at 8:20 pm

    Federal is on the way 🙂



  43. Black Cat on May 28, 2021 at 8:22 pm

    already bought aphria before the merger and I believe it is still the better option of the two, curious what others think?



  44. House 2 House on Vinyl on May 28, 2021 at 8:23 pm

    Garbage in, garbage out.



  45. Kimberlytics on May 28, 2021 at 8:26 pm

    Tilray hit over $21 and set to hit $25 in the next few weeks! Now that Biden is in office, it’s going to grow as he promised to legalize marijuana in the usa. No matter who you voted for, take advantage of the stocks that benefit by the president at that time and with Biden, marijuana is going to explode!



  46. David Hidalgo on May 28, 2021 at 8:26 pm

    Loool CNBC endorsing edibles in 2020. Who would’ve known



  47. Jovani egrini E on May 28, 2021 at 8:29 pm

    Fantastic 😍💋 💝💖♥️❤️



  48. Steve GalloWAY on May 28, 2021 at 8:30 pm

    ALL THE GOP SEDITIONIST SHOULD GET TWO BONG HIT EACH…AND GET BACK TO BEING MELLOW AMERICANS