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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
