Cannabis: ‘The U.S. is a $100 billion opportunity,’ Tilray CEO says August 15, 2022 AggregatedNews Producers 0 Comments The U.S. market for cannabis is staggering, according to Tilray (TLRY) CEO Irwin Simon — even as it awaits a green light from Congress. "The U.S. is a $100 billion opportunity in cannabis," Simon told Yahoo Finance Live (video above).… Read More→
Tilray CEO sees marijuana legalization in America ‘over the next 18 to 24 months’ July 28, 2021 AggregatedNews Company Stories 0 Comments Tilray CEO Irwin Simon expects marijuana legalization in the U.S. to happen within the next two years. Citing the recent legislative push to end the federal prohibition of marijuana, “I see over the next 18-to-24 months that cannabis in some… Read More→
Eurox To Launch First ‘Made In Germany’ Cannabis Derivatives Into The Domestic Market July 7, 2021 Peter McCusker Germany 0 Comments THE first home-made medical cannabis products will debut on the German market within weeks. This comes as Eurox Group – the producer of the derivatives range – has secured €3m growth capital from leading UK cannabis investors Fast Forward Innovations.… Read More→
Tilray & Aphria Announce Closing of Transaction That Creates the “New” Tilray – a Global Cannabis Leader May 3, 2021 AggregatedNews Mergers & Acquisitions 0 Comments Tilray, Inc. ("Tilray") and Aphria Inc. ("Aphria") today announced the completion of the previously announced business combination, ushering in a new era in the global cannabis industry. The combined company, which will operate as Tilray (the "Company"), brings together two… Read More→
Pot Stocks Are Flying High Again. It’s Not Just Reddit. February 11, 2021 AggregatedNews Cannabis Investments 0 Comments Some of the retail traders on Reddit’s WallStreetBets forum who helped spark GameStop stock’s brief parabolic pop have set their sights on public cannabis companies. Canadian grower Tilray (ticker: TLRY) jumped about 51% on Wednesday. Aphria (APHA), which has a deal to merge with Tilray, was up only… Read More→
Tilray CEO says he expects U.S. federal cannabis legalization within two years January 29, 2021 AggregatedNews Policy & Legal 0 Comments Brendan Kennedy, CEO of Canadian cannabis company Tilray, is optimistic that the United States will take steps toward federal legalization of marijuana in the near future, a move that will shake the industry forever. “I expect that pressure from the North… Read More→
Tilray Reports Positive Results For Medical Marijuana In Chemotherapy Patients September 29, 2020 AggregatedNews Cannabis & Hemp Research 0 Comments New research indicates that marijuana could alleviate some of the worst effects experienced by cancer patients undergoing chemotherapy. Tilray (NASDAQ:TLRY) announced Monday that a clinical trial in Australia has demonstrated positive results in reducing the nausea and vomiting common to people enduring such… Read More→
Tilray, Inc. Announces Pricing of its $90.4 Million Registered Offering March 13, 2020 Press Release Banking, Finance & Real Estate 0 Comments PRESS RELEASE NANAIMO, BRITISH COLUMBIA, - NANAIMO, BRITISH COLUMBIA, March 13, 2020 -- Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis production, research, cultivation and distribution, announced today that it has priced an underwritten registered… Read More→
Coronavirus and cannabis: Vape supply is a concern due to China shutdown March 4, 2020 AggregatedNews News & Insights, Supply Chain 0 Comments ‘Aside from vape hardware, we can find sources that supply most of our core products in Canada and internationally,’ Tilray CEO says Amid a widespread market selloff due to investor concerns about the COVID-19 outbreak, cannabis companies also have to… Read More→
More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs February 10, 2020 AggregatedNews Canada 0 Comments Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis ACB.TO and Tilray TLRY.O announced cost reductions this week. Canada legalized recreational cannabis in October… Read More→
Tilray® Expands Global Leadership Team with New Manitoba Harvest President December 3, 2019 Press Release Industry People, Press Releases 0 Comments Former Mattel and General Mills executive, Katy Dickson, joins Tilray’s leadership team as Manitoba Harvest President to continue global growth for hemp foods NANAIMO, B.C. - Today, Tilray, Inc. (NASDAQ: TLRY), a global pioneer in cannabis production, research, cultivation and… Read More→
Tilray, Inc. Reports Third Quarter 2019 Financial Results November 13, 2019 Press Release Banking, Finance & Real Estate 0 Comments PRESS RELEASE Revenue Increased 409% to $51.1 (C$67.8) Million in the Third Quarter of 2019 Compared to the Prior Year Period International Medical Revenue Grew More Than Five-Fold Compared to the Prior Year Period NANAIMO, BRITISH COLUMBIA – Tilray, Inc. (“Tilray”… Read More→
Tilray® Expands Global Senior Leadership Team with the Appointment of Kristina Adamski as EVP of Corporate Affairs June 13, 2019 Press Release Industry People, Press Releases 0 Comments PRESS RELEASE Former Nissan North America Vice President Kristina Adamski joins Tilray to lead the company’s global corporate affairs team NANAIMO, B.C. - Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production, research, cultivation and distribution, today announced the expansion… Read More→
Here’s Who Sold the Most Marijuana Last Quarter April 5, 2019 AggregatedNews Cannabis Investments 0 Comments Following the opening of Canada's recreational adult-use marijuana market last October, top marijuana stocks could capture billions of dollars in sales as consumers shift their spending from the black market to licensed marijuana retailers. The potential to profit from pot… Read More→
Tilray® to Acquire Manitoba Harvest, the World’s Largest Hemp Food Company February 21, 2019 Press Release Banking, Finance & Real Estate, Hemp Industry News, Press Releases 0 Comments PRESS RELEASE Acquisition unites cannabis pioneer with leading natural food CPG company to create hemp and CBD-infused food and wellness products for North America February 20, 2019 07:00 AM Eastern Standard Time NANAIMO, British Columbia--(BUSINESS WIRE)--Tilray, Inc. (“Tilray” or “the… Read More→