Cannabis company Tilray to buy rival Hexo in all-share deal
The arrangement will see Tilray issue 0.4352 shares of its stock for each outstanding Hexo share.
Cannabis company Tilray Brands strikes deal to buy stake in Hexo, create joint venture
Under the agreement announced Thursday, Leamington-based Tilray will acquire up to US$211 million of senior secured convertible notes that were issued by Gatineau-based Hexo.
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