Tilray (NASDAQ: TLRY) CEO Irwin Simon made a bold prediction last year when he said his aim for the new company formed when it combined with fellow cannabis grower Aphria was for $4 billion in annual revenue by the middle of 2024. Tilray is growing its core marijuana business, but Irwin also plans to use acquisitions to help grow the business to hit the revenue goal. Its U.S. subsidiaries, including hemp producer Manitoba Harvest, craft brewer SweetWater Brewing, and Breckenridge Distillery, are all profitable, according to the company's financial release. Read More...
Tilray (NASDAQ: TLRY) CEO Irwin Simon made a bold prediction last year when he said his aim for the new company formed when it combined with fellow cannabis grower Aphria was for $4 billion in annual revenue by the middle of 2024. Tilray is growing its core marijuana business, but Irwin also plans to use acquisitions to help grow the business to hit the revenue goal. Its U.S. subsidiaries, including hemp producer Manitoba Harvest, craft brewer SweetWater Brewing, and Breckenridge Distillery, are all profitable, according to the company’s financial release.
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