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Tilray Brands Completes Accretive Acquisition Of Hexo Corp. Leading The Next Evolution Of Canadian Cannabis

PUBLIC · TLRYJun 22, 2023

Acquiring Company

Tilray Brands

Acquired Company

HEXO

New YorkOtherInformation TechnologyBiotechnologyAgriculture and FarmingSoftwareHealth CareEducationMedicalAnalyticsCannabis

Description

Tilray Brands, Inc. (“Tilray Brands”, “Tilray” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the completion of its previously announced acquisition of HEXO Corp. (“HEXO”), (Nasdaq | TSX: HEXO) by way of plan of arrangement (the “Arrangement”)‎.

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Company Information

Company

Tilray Brands

Location

New York, New York, United States

About

Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. The company aims to elevate lives through moments of connection, offering a house of brands and innovative products. Tilray operates in Canada, the United States, Europe, Australia, and Latin America, supporting over 40 brands across more than 20 countries.

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Frequently asked

Who acquired HEXO?

HEXO was acquired by Tilray Brands, based in New York. The deal was reported on June 22, 2023. Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. Tilray Brands is publicly traded (TLRY) and operates in Other.

When did Tilray Brands acquire HEXO?

Tilray Brands's acquisition of HEXO was reported on June 22, 2023. Tilray Brands, Inc. (“Tilray Brands”, “Tilray” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the completion of its previously announced acquisition of HEXO Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HEXO do?

Hexo is a fast, simple & powerful blog framework powered by Node.js. It is privately held.

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