WHERE TO WATCH
Manitoba Harvest CEO Discusses Being Acquired by Tilray
February 22, 2019
Bill Chiasson, CEO of Manitoba Harvest, the world's largest hemp food company, discusses being acquired by Tilray for $317 million.
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Feb 22, 2019
With Tilray Deal, Manitoba Harvest CEO Sees Opportunity to Dive into CBD Market
Another Canadian marijuana giant is planning big moves in U.S. hemp through the acquisition of a Canadian health food company. Tilray announced this week it would buy Manitoba Harvest for about $318 million. Manitoba Harvest is perhaps best known for its hemp hearts and hemp oil, which the company sells online and in-store at more than 16,000 locations across North America. Its partners include major retailers, like Walmart, Costco, and Whole Foods.
May 7, 2019
CannaBiz: Recreational Pot In Illinois, How Legal Weed Could Disrupt The Hemp Industry & Therapeutic CBD Products For Women
Ali Nagib, assistant director of marijuana advocacy group Illinois NORML, spoke to Cheddar about new legislation that could see recreational marijuana legalized in Illinois. Keith Speights, Contributing Writer at The Motley Fool, joined Cheddar to explain how the hemp industry could be negatively impacted by the legalization of marijuana at a federal level. Plus, W!NK founder, Stacy Verbiest, spoke to Cheddar about her line of CBD products made for women, by women.
Mar 18, 2019
Tilray Stock Jumps After Reporting Doubling of Sales, Higher Price Per Gram
Shares of Tilray jumped in extended trading on Monday after the Canadian cannabis company reported a doubling of annual revenue. The Canadian company reported $43.1 million in revenue for fiscal year 2018, which was 110 percent higher year-over-year. Its performance was boosted in part by its sales during the first few months of adult-use legalization in Canada.