PRESS RELEASE Acquisition increases the Company’s capacity to supply branded cannabis products NANAIMO, B.C. – Tilray, Inc. (“Tilray” or “the Company”) (NASDAQ:TLRY), a global leader in cannabis research, cultivation, production and distribution, today announced it has entered into a definitive agreement (“the Agreement”) pursuant to which Tilray, through a wholly-owned subsidiary, will acquire all of […]
Cannabis Act
Canada moves a step closer to legalising marijuana
A key legislative hurdle has been passed as Canada moves closer to legalising recreational cannabis. Canadian senators passed the Cannabis Act by 56 votes to 30 with one abstention after studying the landmark legislation for six months. Prime Minister Justin Trudeau has committed to making marijuana legal by this summer. Canada will be the first […]