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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Healthcare Cannabis Cannabis
Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Tilray Brands Inc > Indiva declares bankruptcy - seeks
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Post by Keeleron Jun 13, 2024 7:57pm
157 Views
Post# 36088279

Indiva declares bankruptcy - seeks

Indiva declares bankruptcy - seeks

sale of assets.
Tilray CEO, Irwin Simon comments "Indiva is a good little company - and its products align well with Tilray, as we look to expand our #1 market share in Canada"
he continued,
"we learned our lesson buying bankrupt Hexo and the Medmen debt - Indiva is a steal at $250 million"

Canadian cannabis edibles maker Indiva enters creditor protection

By MJBizDaily Staff

Canada’s leading producer of cannabis edibles is restructuring its business under the bankruptcy protection laws as it seeks to sell assets to repay creditors.

Indiva and its subsidiaries under Indiva Group have been granted relief by the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act to restructure their business and finances, according to a news release.


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