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Aphria and Tilray CEOs discuss their cannabis mega-merger

Aphria and Tilray on Wednesday announced merger plans for what will become the world's largest cannabis company by sales, just weeks after voters in four states approved marijuana legalization.

Axios Re:Cap digs into cannabis consolidation, and the politics surrounding the mergers, with Aphria CEO Irwin Simon and Tilray chief executive Brendan Kennedy.

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Shawna Chen
7 mins ago - Politics & Policy

Kaine, Collins' censure resolution could bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Go deeper (1 min. read)Arrow
Courtenay Brown
2 hours ago - Economy & Business

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.

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Ina Fried, author of Login
Updated 2 hours ago - Technology

Apple's quarterly sales top $100 billion for first time

Credit: Apple

Spurred by strong sales of the latest iPhones, Apple reported it took in a record $111 billion in revenue for the three months ended Dec. 31, as the company crushed expectations.

Why it matters: The move showed even a pandemic didn't dull demand for Apple's latest smartphones.

Go deeper (1 min. read)Arrow