Tilray stock drops nearly 20% after convertible notes offered to help pay down debt

Tilray Brands Inc.’s share price dropped in the extended session Thursday after the cannabis company filed a convertible note offering to buy back older ones before they convert to stock, a month after it announced an all-stock acquisition of rival Hexo Corp. Shares of Tilray TLRY, TLRY, fell…#tilraybrandsincs #hexocorp #spx #tilray #jefferies #ponzi #hexohexo #hexo
Source: Reuters: Health - Category: Consumer Health News Source Type: news