Stay updated with breaking news from Fluent Beverage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The scores of new entrants to the cannabis market combined with plunging prices have resulted in an "unsustainable" situation, Tilray Inc. executives say, but one they feel their company can weather.Blair MacNe
The scores of new entrants to the cannabis market combined with plunging prices have resulted in an "unsustainable" situation, Tilray Inc. executives say, but one they feel their company can weather.
The scores of new entrants to the cannabis market combined with plunging prices have resulted in an "unsustainable" situation, Tilray Inc. executives say, but one they feel their company can weather.
Aphria (NASDAQ:APHA) and Tilray (NASDAQ:TLRY) announced a merger to create the largest enterprise in the industry by revenue. It is estimated the combined entity will be valued at roughly $3.9 billion, boasting pro-forma yearly sales of $685 million. Benzinga had the chance to catch up with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors alongside one other person picked by Tilray, and seven others (including Simon) from Aphria. In the first part ...
Increasing Acceptance Leads to Massive Opportunity for Smart Companies in CBD Space - NetworkNewsWire Editorial Coverage NEW YORK, Dec. 10, 2020 /PRNewswire/ -- CBD is now legal in all 50 states, and on election day this year, four states voted to legalize the recreational use of cannabis, bringing the total of states allowing recreational cannabis use to 15. This growing acceptance has fueled an influx of new CBD-infused products and brands, leading a Lido Consulting report to note that the total addressable cannabis market (TAM) could potentially hit $1 trillion in global economic impact by...