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Tilray Plans to Acquire Up to $211M Debt Purchase by Hexo Corp.
Cannabis

Tilray Plans to Acquire Up to $211M Debt Purchase by Hexo Corp.

by Sophia Vida March 04, 2022
On Thursday Tilray Brands revealed that it plans to acquire up to $211 million (267.5 million Canadian dollars) in outstanding senior secured notes issued by Hexo Corp. The move would throw the company's rival a lifeline and st...
Tilray Inc. Expands its Medical Marijuana Offering in Australia
Featured

Tilray Inc. Expands its Medical Marijuana Offering in Australia

by Sophia Vida January 26, 2022
One of the leading global cannabis lifestyle companies, Tilray Inc., has expanded its medical cannabis product offering in Australia. The company also announced a new medical cannabis e-learning platform for healthcare provider...
Tilray and AB InBev End Their Cannabis Beverage Partnership
Marijuana

Tilray and AB InBev End Their Cannabis Beverage Partnership

by Sophia Vida January 12, 2022
Budweiser maker AB InBev and cannabis operator Tilray have ended their cannabis beverage partnership. A regulatory filing released earlier this week revealed the termination of the partnership between the world's leading brewer...
Tilray Reports Profitable Second Quarter Results
Marijuana Stocks

Tilray Reports Profitable Second Quarter Results

by Sophia Vida January 10, 2022
Cannabis operator Tilray Inc. reported financial results for the second fiscal quarter ended November 30, 2021, this week. Highlights include: Net Revenue Increased ~20% to $155 Million from the Prior Year Quarter Net Inc...
Marijuana Firm Tilray’s CEO is Awarded $13+M in Cash Bonuses This Year
Spotlight Stock

Marijuana Firm Tilray’s CEO is Awarded $13+M in Cash Bonuses This Year

by Sophia Vida October 04, 2021
It was a good year for Irwin Simon, the CEO of cannabis firm Tilray. The chief executive has received $13.2 million in cash bonuses this year so far. The company has paid Simon cash bonuses totaling $13.2 million (16.7 milli...
Marijuana Producer Tilray to Close Flagship Facility
Spotlight Stock

Marijuana Producer Tilray to Close Flagship Facility

by Sophia Vida September 16, 2021
Leading cannabis producer Tilray will be shutting down a "flagship" facility in Nanaimo, British Columbia. The move is a part of the company's plan to save money after its merger with Aphria according to a confirmation from Til...
Tilray Snags Big Stake in Cannabis Company Medmen
Marijuana Stocks

Tilray Snags Big Stake in Cannabis Company Medmen

by Sophia Vida August 18, 2021
It looks like Canadian cannabis player Tilray is very optimistic about U.S. legislation on the plant that it has acquired a majority stake in Medmen. California-based MedMen owns and operates 25 retail stores and expects to ope...
Tilray CEO Says Marijuana Legislation in America to Happen in Next 18-24 Months
Marijuana Stocks

Tilray CEO Says Marijuana Legislation in America to Happen in Next 18-24 Months

by Sophia Vida July 28, 2021
According to Irwin Simon, the CEO of the Canadian marijuana company Tilray, legislation in the U.S. is set to happen within the next two years. “I see over the next 18-to-24 months that cannabis in some format will have legal...
Tilray Reports First Quarter Financial Results
Spotlight Stock

Tilray Reports First Quarter Financial Results

by Sophia Vida May 13, 2020
This week marijuana company Tilray, Inc. reported its first quarter 2020 financial results. For the quarter the company saw revenue increase 126% to $52.1 million or C$70.7 million from the same quarter a year ago. It was also ...
This CEO Thinks the Vaping Illness Outbreak Could Help Push for Marijuana Legislation
Trends & Articles

This CEO Thinks the Vaping Illness Outbreak Could Help Push for Marijuana Legislation

by Sophia Vida November 19, 2019
According to Tilray CEO Brendan Kennedy, the vaping illness outbreak could lead to marijuana legalization and could prompt the U.S. and others to legalize marijuana. Many of the vaping illnesses have been linked to products conta...

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