Like other marijuana stocks on Tuesday, Canopy Growth (NASDAQ: CGC) and Green Thumb Industries (OTC: GTBIF) saw a bit of initial excitement before ultimately closing down on the day. For Green Thumb, those numbers were an early 2.3% gain and a 4% slide at the close. This morning, fellow weedies HEXO (NASDAQ: HEXO) and Tilray Brands (NASDAQ: TLRY) announced a somewhat complicated deal, under which the latter will acquire the $193 million outstanding principal balance of the former's senior secured convertible note. Read More...
Like other marijuana stocks on Tuesday, Canopy Growth (NASDAQ: CGC) and Green Thumb Industries (OTC: GTBIF) saw a bit of initial excitement before ultimately closing down on the day. For Green Thumb, those numbers were an early 2.3% gain and a 4% slide at the close. This morning, fellow weedies HEXO (NASDAQ: HEXO) and Tilray Brands (NASDAQ: TLRY) announced a somewhat complicated deal, under which the latter will acquire the $193 million outstanding principal balance of the former’s senior secured convertible note.
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