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Podcast: Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends
Episode: Cannabis company makes BIG purchase of rival for more than $50M!
Description: Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Tilray Brands will acquire its rival HEXO Corp for US$56 million through the issuance of 0.4352 Tilray shares for each outstanding HEXO share, reports Proactive Investors.Marijuana Moment reports that Connecticut saw a record $22 million in combined recreational and medical cannabis sales last month.The Motley Fool reports that Tilray shares were lower by 7.1%, while Hexo stock was plunging by 26.5% - spurred by the announcement of a deal for Tilray to acquire Hexo in an all-stock transaction.MJ...