Join today and have your say! It’s FREE!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}

Join today with :

or

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Sign in with existing account
Please Try Again
{{ error }}

Sign In With :

or

Password Hint : {{passwordHint}}
Forgot Password?
Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Tilray to Acquire Alberta Cannabis Retail Chain FOUR20

Stockhouse Editorial
0 Comments| August 30, 2019




Canadian cannabis mega-producer Tilray Inc. (TLRY) has announced plans to buy a chain of cannabis retail stores in Alberta.
 
The Nanaimo BC-based licensed producer said it has entered into a definitive agreement to acquire all issued and outstanding shares of 420 Investments Ltd., or FOUR20 – an Alberta-based pot retailer six licensed cannabis retail locations and has 16 additional high-traffic locations Alberta, including in Calgary, Canmore and Edmonton.
 
The $110-million deal, which is still subject to regulatory approval and is expected to close in the first half of next year. The company said it will purchase Four20 – which currently operates – through its wholly owned subsidiary, High Park Holdings Ltd.

Article continues here.

Tags:


Interested in these industries and sectors?

Receive investor kits and email updates from Stockhouse and directly from these companies.

Technology
Healthcare
Metals & Mining
Technology
Industrials

Interested in these industries and sectors?

You are already a member! Please enter your password to sign in.

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to access this feature.


×

StockTalk
Get our FREE StockTalk Investor Guides by sector as they are released!

Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email.

You are already a member! Please enter your password to sign in.