Tilray

Tilray Brands Inc. last week acquired Truss Beverage Co. from Molson Coors Canada, further expanding the company’s cannabis market share position in Canada.

Tilray CEO Irwin Simon said the growing U.S. cannabis industry will represent a $100 billion opportunity by the time widespread legalization is achieved.

Tilray has acquired the majority of outstanding senior secured convertible notes of MedMen, setting the Canadian firm up to obtain a “significant equity position” in the U.S.-based MSO.

Canadian cannabis companies Tilray and Aphria have finished their merger to become the world’s largest cannabis company based on pro forma revenue.

Tilray and Aphria, two licensed cannabis producers in Canada, have announced they are combining to create the world’s largest cannabis company based on pro forma revenue.

Canada’s Tilray was targeted by a $300 million lawsuit from Florida soap company Trimax, who accused the cannabis company of trying to bankrupt one of their subsidiaries in hopes of getting a cheaper acquisition.

The former Vermont governor was against all forms of legalization during his time as governor from 1991-2003 but says he has since changed his position.

Tilray has acquired hemp company Manitoba Harvest in a bid to enter the U.S. market with CBD-only products.