Remove companies tilray-inc
article thumbnail

Tilray Brands Seizes 40% Of Canada's Cannabis Beverages Market Share By Acquiring This Company

Benzinga

In a significant expansion of its cannabis beverage operations, Tilray Brands Inc (NASDAQ: TLRY ) has officially completed its acquisition of Truss Beverage Co. This strategic move, announced on Wednesday, cements Tilray’s dominant position in the Canadian cannabis beverage market, boosting its market share to approximately 40%.

article thumbnail

Another Cannabis Pioneer Expands In Germany Via Acquisition As Experts Say 'There's No Stepping Back' From Legalization Wave

Benzinga

The company’s latest move to further cement its global footprint comes on the heels of a new German cannabis law that went into effect on April 1, which partially legalizes cannabis by allowing adults over 18 to possess up to 25 grams of dried cannabis and grow three marijuana plants at home. NASDAQ: TLRY ) and Curaleaf Holdings Inc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Tilray Acquires 8 Beer Brands From Struggling Bud Light Parent Anheuser-Busch: Here's What It Means For Both Companies

Benzinga

Tilray Brands , Inc. NASDAQ: TLRY ), a cannabis and consumer packaged goods company, announced it has entered into a definitive agreement to acquire eight beer and beverage brands from Anheuser-Busch (NYSE: BUD ). The acquisition places Tilray Brands as the 5 th largest craft beer business in the U.S., up from 9 th.

article thumbnail

Tilray Shares Volatile After Cannabis Company Announces M&A Deal, Q3 Revenue Miss

Benzinga

Shares of Tilray Inc (NASDAQ: TLRY ) are trading near flat in Monday's after-hours session after the company reported third-quarter financial results — and an acquisition. By The Numbers: Tilray reported third-quarter revenues of $145.6 By The Numbers: Tilray reported third-quarter revenues of $145.6

article thumbnail

HEXO Corp. Announces Acquisition by Tilray Brands

Business Wire M&A

TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Tilray Brands, Inc. GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp.

98
article thumbnail

Tilray Completes Acquisition Of 8 Beer Brands From Bud Light Parent Anheuser-Busch

Benzinga

Cannabis company Tilray Brands, Inc. The acquired businesses include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company and HiBall Energy. throughout the year.

article thumbnail

Tilray Brands Completes Acquisition of Truss Beverage Co.

Benzinga

Acquisition Solidifies Tilray's Leadership Position in Cannabis Beverages with ~40% Market Share Truss Facility Bolsters Tilray's Beverage Operations in Canada LEAMINGTON, Ontario, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. Since acquiring the remaining 57.5%

Equity 40