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Tilray Inc (NASDAQ:TLRY) shares are trading higher following news the company purchased a majority position in amended MedMen convertible notes for about $165.8 million. Irwin D. Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024.
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