Tilray (NASDAQ:TLRY) acquires $10.8M note in strategic move
Full story: https://grafa.com/news/tilray--nasdaq-tlry--acquires--10-8m-note-in-strategic-move-216223
Tilray Brands (NASDAQ:TLRY), a Delaware corporation, has entered into a significant agreement with Double Diamond Holdings (DDH), an Ontario corporation.
Under the terms of the agreement, Tilray acquired a promissory note valued at USD $10,883,496 from DDH, which is payable by 1974568 Ontario Limited.
This strategic move is part of Tilray's broader effort to bolster its market position and financial portfolio.
DDH, which is a joint venture partner with Tilray’s wholly-owned subsidiary, Aphria, in Aphria Diamond, will receive 6,148,868 shares of Tilray’s common stock as consideration for the note.
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- Grafa·05-01Read the full story https://grafa.com/news/tilray--nasdaq-tlry--acquires--10-8m-note-in-strategic-move-2162231Report