Canadian cannabis giant Tilray is using a convoluted deal with one of the most troubled US cannabis companies to enter the $100 billion US market
if legalized federally, according to Cowen's Vivien Azer. That's a big opportunity for Canadian firms like Tilray.
Convertible notes are a type of debt that can convert to equity at a later date, and Tilray's chunk can convert to 21% of MedMen's outstanding stock. Tilray's competitor Canopy Growth has options to acquire majority stakes in US cannabis companies Acreage Holdings and TerrAscend. Cronos Group, another large Canadian cannabis company, has an option to acquire 10% of US cannabis company PharmaCann once federal laws allow.have called out these Canadian companies in interviews with Insider"I'm a CEO of a large Canadian cannabis company and you know, I'm not lying to our investors," Simon said in response.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
An incoherent strategy doomed the 20-year US mission in Afghanistan, watchdog says as US withdrawsAn incoherent strategy doomed the 20-year US mission in Afghanistan, a watchdog group says. The scathing report describes incompetence, graft, obfuscation and wishful thinking.
Consulte Mais informação »
Afghan Military Remnants Fled Taliban Takeover in U.S.-Supplied AircraftA large portion of the Afghan Air Force has ended up in neighboring Uzbekistan, after hundreds of Afghan service members used U.S.-supplied planes and helicopters to flee the Taliban, U.S. officials said
Consulte Mais informação »
The coming U.S. political fight over accepting refugees from AfghanistanThere's a desire among lawmakers to help some Afghans. But an early split over new refugee visas points to a looming battle over a politically heated issue.
Consulte Mais informação »
Afghanistan War Went Wrong For These 7 Reasons, U.S. Watchdog SaysA government watchdog says the United States’ 20 years in Afghanistan were marred by strategic problems, short-term thinking and cultural misunderstandings.
Consulte Mais informação »
The coming U.S. political fight over accepting refugees from AfghanistanA humanitarian crisis in the wake of the U.S. withdrawal from Afghanistan is sparking a political debate over what to do about refugees from the war-torn country.
Consulte Mais informação »
Analysis: US forced to depend on the Taliban after 20 years of fighting'The depth of the mess the United States finds itself in Afghanistan is encapsulated by the fact that it must now effectively rely on its enemy, the Taliban, as it extricates itself from the humiliating endgame of its longest war.' Analysis by StCollinson
Consulte Mais informação »