Insights and Stories on Tilray

Aug. 14, 2019 at 2:18 am CDT

Reuters — Pot producer Tilray Inc. reported a wider-than-expected quarterly loss on Tuesday, as it ramped up investments to boost production and warned of muted growth in the Canadian recreational marijuana market for the second half of the year. Shares of the Nanaimo, B.C.-based company fell eight per cent after […]

By Reuters

Feb. 20, 2019 at 5:01 pm CST

Reuters — Shares of cannabis firm Tilray Inc. rose as much as seven per cent on Wednesday after announcing a deal to buy hemp food maker Manitoba Harvest for up to $419 million as it seeks to gain a foothold in the lucrative business. The deal comes after the U.S. […]

By Reuters

Dec. 19, 2018 at 4:44 pm CST

Toronto | Reuters — Anheuser-Busch InBev, the world’s largest brewer, and Canadian pot producer Tilray Inc. are partnering in a US$100 million joint venture to research cannabis-infused non-alcoholic drinks for the Canadian market, the companies said Wednesday. The alliance, the latest in a string of deals by global alcohol and […]

By Nichola Saminather, susan-taylor

Sep. 17, 2018 at 2:56 am CDT

Toronto/London | Reuters — A favorite of DIY stock pickers, Canadian cannabis firms are trying to bolster their institutional investor base by ramping up efforts to woo European funds as countries across the region approve marijuana for medical use. For some time companies including Canopy Growth, Aurora Cannabis and Tilray […]

By Nichola Saminather, Simon Jessop