Tag Archive: Hexo
Tilray’s Sales Up Double-Digits, Nearing $800 Million
Cannabis and beverage alcohol player Tilray saw annual sales grow 26% to $789 million in its fiscal year through May and says the moves it has made to diversify its business—including the purchase of craft beer brands from Anheuser-Busch and the acquisition of Canadian cannabis group Hexo—are paying off. Continue reading →
Posted in News on July 30, 2024Tilray To Acquire Hexo, Reports $1.1 Billion Impairment
Leamington, Ontario-based Tilray Brands will acquire its troubled Canadian rival Hexo for $56 million.
Cannabis Briefs for September 6, 2022
•Cannabis seltzer brand Happi is launching in the Maine market. Continue reading →
Posted in News on September 6, 2022Cannabis Briefs for July 19, 2022
•Las Vegas, Nevada-based cannabis company The Source+ is launching a new line of gummies called High Heads. Continue reading →
Posted in News on July 19, 2022Tilray Looking To Close Hexo Deal Next Month
Tilray amended the terms of its deal with Hexo that could ultimately give it a sizable stake in its competitor. Continue reading →
Posted in News on June 21, 2022Cannabis Briefs for May 3, 2022
•Recreational cannabis sales in Illinois bounced back in March to make for the second-best month since the market launched. Continue reading →
Posted in News on May 3, 2022