Tag Archives: Tilray

Tilray surges on plan to release 75 million shares held by cannabis company backed by Peter Thiel

Brendan Kennedy, CEO, Tilray Scott Mlyn | CNBC Tilray shares surged more than 13% Monday in premarket trade after the Canadian pot company announced it struck a deal with its majority shareholder, a cannabis company backed by venture capitalist Peter Thiel, to sell the fund’s stake gradually over the next two years. Privateer Holdings, a… Read More »