Search Results for: Brendan Kennedy

Tilray And Privateer Sign Definitive Agreement To Extend Lock-up And Provide For Orderly Distribution Of 75 Million Tilray Shares Held By Privateer

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CANADA: Tilray, a global leader in cannabis research, cultivation, production, and distribution, today announced that it has signed a definitive merger agreement with its largest stockholder Privateer Holdings, Inc. for a transaction that will extend the lock-up on and provide for the issuance of up to 75 million Tilray shares to Privateer’s equity holders (and the Read the full article…

Tilray Announces Agreement To Export First Shipment Of Medical Cannabis From Portugal To Germany

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CANADA: Tilray, a global pioneer in cannabis research, cultivation, production and distribution, today announced it has entered into an agreement with Cannamedical Pharma GmbH (“Cannamedical”) through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda. (“Tilray Portugal”), to export a wholesale shipment of $3.3 (€3) million worth of medical cannabis from Portugal to Germany. The shipment, which is Read the full article…

Tilray Reports Second Quarter 2019 Financial Results

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  CANADA: Tilray, a global pioneer in cannabis research, cultivation, production and distribution, today reported financial results for the second quarter ended June 30, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. “We are pleased with our second quarter results and strong business momentum,” said Brendan Kennedy, Read the full article…

Tilray Hosts Official Ribbon-Cutting Ceremony At European Union Campus For Medical Cannabis Production and Distribution

Tilray Ribbon Cutting Portugal

The 250,000 square-foot facility located in Cantanhede, Portugal serves as the hub for Tilray’s cultivation, processing, distribution and research of medical cannabis products in Europe CANADA: Tilray, a global pioneer in the research, cultivation, production and distribution of cannabis today celebrated the official opening of its European Union (EU) Campus located in Cantanhede, Portugal. Tilray CEO Read the full article…

Tilray To Acquire Manitoba Harvest, The World’s Largest Hemp Food Company

Manitoba Harvest Hemp Hearts

Acquisition unites cannabis pioneer with leading natural food CPG company to create hemp and CBD-infused food and wellness products for North America CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, has announced it has entered into a definitive agreement pursuant to which Tilray will acquire all of the issued and outstanding securities Read the full article…

Tilray Announces Global Senior Leadership Appointments

Tilray Team

Former Coca-Cola, Starbucks, Nestle and Diageo executives join pioneering cannabis company CANADA: Tilray, a global pioneer in cannabis production, research, cultivation and distribution, announces the expansion of its global senior leadership team with four strategic hires: Greg Christopher as EVP of Operations, formerly with Nestle; Rita Seguin as EVP of Human Resources, formerly with Diageo; Read the full article…

Tilray To Acquire Natura Naturals Holdings For Up To C$70 Million Subject To Performance Milestones

Tilray Canada

CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, announced it has entered into a definitive agreement to acquire all of the issued and outstanding securities of Natura Naturals Holdings, the parent company of a licensed cultivator of cannabis. As a result of the acquisition, if completed, Tilray will obtain Natura’s 662,000 square-foot Read the full article…

AB InBev And Tilray Announce Research Partnership Focused On Non-Alcohol THC And CBD Beverages

Tilray AB InBev

New Partnership to Focus on Research that will Guide Responsible Innovation CANADA: AB InBev, the world’s leading brewer, and Tilray, a global pioneer in cannabis production and distribution, announced a partnership to research non-alcohol beverages containing tetrahydrocannabinol (THC) and cannabidiol (CBD). The partnership is limited to Canada and decisions regarding the commercialization of the beverages will Read the full article…

Tilray Signs Global Collaboration Agreement With Leading Pharmaceutical Company

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CANADA: Tilray Canada, a subsidiary of Tilray, a global pioneer in the production, research, and distribution of medical cannabis, announced today that it entered into a global framework agreement to collaborate with C, a global leader in generic pharmaceuticals and biosimilars and a part of Novartis group, to increase availability of high quality medical cannabis products Read the full article…

Tilray Signs Letter Of Intent For Hemp-Derived CBD From The U.S. And Canada

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CANADA: Tilray, a global leader in cannabis research and production, announced the terms of a binding letter of intent to purchase hemp-derived CBD isolate from LiveWell Canada, which will be sourced from the United States and Canada and utilized for distribution of Tilray-owned wellness and medical products across North America. The LOI outlines that LiveWell will supply Read the full article…