By 420 Intel on Tuesday, 11 April 2023
Category: Cannabis News

Tilray strikes US$229M deal to buy Hexo in latest pot M&A move

Tilray strikes US$229M deal to buy Hexo in latest pot M&A move
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Cannabis News April 11, 2023

Tilray Brands Inc. is acquiring rival Canadian cannabis producer Hexo Corp. in a deal worth about US$229 million on Monday in its latest move to strengthen its position as the leading legal marijuana company in Canada. Tilray will acquire Hexo by paying US$56 million in an all-stock deal to acquire

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