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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.

Go deeper

Dave Lawler, author of World
34 mins ago - World

By the numbers: How countries are faring on COVID vaccinations

Expand chart
Note: This map represents the total number of vaccines administered, not people vaccinated; Data: Our World in Data; Map: Danielle Alberti/Axios

About 150 million vaccine doses were administered globally over the past week, the highest weekly total yet and a jump from 130 million last week.

Breaking it down: In the U.S., daily vaccinations peaked in mid-April and fell sharply as demand waned, though they've ticked up over the past few days (46% of the population has at least one dose).

Dave Lawler, author of World
47 mins ago - World

Modi humbled by India's coronavirus crisis

Still looming large, in New Delhi. Photo: Anindito Mukherjee/Bloomberg via Getty

After mishandling the worst domestic crisis India has faced in decades, Prime Minister Narendra Modi’s approval ratings have plummeted … to 63%.

Breaking it down: While that’s down from 74% before India’s second wave struck, per Morning Consult’s tracker, it still makes him perhaps the most popular leader of any major democracy. But despite his enduring popularity, Modi no longer appears invulnerable.

Dave Lawler, author of World
Updated 1 hour ago - World

Israeli ground troops join the fight near Gaza, raising threat of war

Israeli troops prepare to fire shells toward the Gaza Strip. Photo: Emmanuel Dunand/AFP via Getty Images

Israeli ground troops have joined the fight near the Gaza Strip, the Israel Defense Forces announced on Thursday night.

Driving the news: While tanks and artillery were deployed for the first time on Thursday, the IDF says no ground troops have crossed into Gaza. Israel has called up 9,000 reservists and massed at least three brigades on the frontier with Gaza, which is controlled by Hamas.