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Tilray Brands Inc. is buying fellow cannabis company Hexo Corp. in an all-share deal valued at US$56 millionaimed at helping the business navigate a "challenging" cannabis market that has seen significant price compression.
Tilray Brands Inc. is buying fellow cannabis company Hexo Corp. in an all-share deal valued at US$56 millionaimed at helping the business navigate a "challenging" cannabis market that has seen significant price compression.
Tilray’s Irwin Simon says that along with its acquisition of Montauk Brewing Co., the Hexo deal will help as it builds a leading, diversified cannabis lifestyle company.
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A look at Tuesday morning’s market action
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A look at North American equities heading in both directions