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A Big Pension Fund Is Going Bigger on Marijuana Stocks

The biggest pension fund in the U.S. has increased its exposure to marijuana stocks. Barron’s has reported that although the California Public Employees’ Retirement System, commonly known as Calpers, has a ban on investing in tobacco stocks, it is free to invest…

Cannabis and International Trade: Never the Twain Shall Meet?

By Adams Lee , Attorney at Harris Bricken Recently, we’ve been getting tons of questions from clients regarding the international import and export of cannabis around the globe. 2018 was a historic year for the cannabis industry not just in the United…

Wall Street’s Contact High: The Marijuana Billionaire Who Doesn’t Smoke Weed

With the help of Big Beer and Big Pharma, Brendan Kennedy’s Canadian cannabis company Tilray has unexpectedly become America’s gateway to the legal marijuana industry. It’s just after 6, on a pitch-dark morning in December, and Brendan Kennedy is standing…

Tilray® Expands Leadership Team in Europe to Drive Global Expansion Strate

PRESS RELEASE Former pharmaceutical leader from Grünenthal joins Tilray, strengthening the company’s position in Europe NANAIMO, B.C - Today, Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production, research, cultivation and distribution, announces the expansion of its global senior leadership…

Tilray® to Acquire Natura Naturals Holdings Inc. for up to C$70 Million Subject to Performance Milestone

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…

Tilray® and Authentic Brands Group Sign Global Revenue Sharing Agreement to Develop and Market Consumer Cannabis Brands

January 15, 2019
Press Release
Banking, Finance & Real Estate, Press Releases
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PRESS RELEASE Agreement leverages Tilray’s cannabis expertise and ABG’s extensive portfolio of iconic brands that span the entertainment, fashion, streetwear, active, home and health and wellness sectors NANAIMO, B.C. – Today, Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production and…

Another major Wall Street firm starts covering cannabis as industry gains legitimacy

Piper Jaffray initiated coverage on cannabis producers Tilray and Canopy Growth on Tuesday, joining a short — but growing — list of Wall Street brokerages watching the industry. While admitting "we still have much to learn in the sector," analyst…

Canadian Pot Firm Tilray Goes Global With Novartis Marijuana Deal

Tilray has signed a global partnership with a division of Swiss drug giant Novartis to develop and distribute its medical marijuana in legal jurisdictions around the world. The Canadian pot firm said Tuesday it’s reached an agreement with Sandoz to…

Tilray® Invests C$7.5M in Québec-Based Cannabis Producer ROSE LifeScience Inc.

PRESS RELEASE High Park enters into sale, supply, distribution and marketing agreement with ROSE as its exclusive partner in Québec NANAIMO, B.C. – Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production and distribution, today announced an investment in Québec-based…

Tilray stock up 30% after cannabis foe Jeff Sessions resigns under pressure

Shares of major marijuana companies rallied after Attorney General Jeff Sessions resigned Wednesday after months of public criticism from his boss, President Donald Trump. Canada-based Tilray closed up 30 percent while Canopy Growth and Aurora Cannabis rose 8.1 percent and 9 percent respectively. Cronos Group added 8.4 percent. “You’re happy if…

Here are the most popular marijuana stocks as Canada becomes the largest country to legalize

Popular marijuana stocks fell across the board Wednesday, paring extreme gains so far this year, as investors cashed in a bit of their bet as Canada became the largest country to legalize the recreational use of cannabis. After months of…

Tilray, Inc. Announces Closing of US$450 Million 5.00% Convertible Notes Offering

PRESS RELEASE NANAIMO, British Columbia – Tilray, Inc. (NASDAQ:TLRY), a global leader in cannabis research, cultivation, production and distribution, today announced that it has closed its offering of 5.00% Convertible Senior Notes due 2023 (the “notes”) for gross proceeds of US$450 million…

Tilray® Strengthens Presence in Latin America with Acquisition of Alef Biotechnology

October 9, 2018
Press Release
Banking, Finance & Real Estate, Press Releases
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PRESS RELEASE NANAIMO, British Columbia and SANTIAGO, Chile – Tilray, Inc. (NASDAQ: TLRY), a global leader in cannabis research and production, today announced that it has completed an acquisition of its existing import and distribution partner Alef Biotechnology SpA (“Alef”).…

Cannabis stock Tilray plunges 16% after PepsiCo CFO says company has no plans for marijuana

Cannabis stocks fell across the board Tuesday after PepsiCo told investors that the food and beverage giant said it has no plans to invest in marijuana. Though most of the marijuana stocks opened Tuesday without much fanfare, they took a leg lower…

Tilray® Receives Approval from U.S. Government to Import a Medical Cannabis Study Drug for a Clinical Trial at the University of California San Diego Center for Medicinal Cannabis Research

PRESS RELEASE U.S. Drug Enforcement Administration approves import of a pharmaceutical-grade medical cannabis product produced by Tilray into the United States for a clinical trial focused on Essential Tremor NANAIMO, B.C. – Tilray Inc. (NASDAQ:TLRY) today announced that the U.S.…