Tilray, inc. announces agreement to exchange an additional $72.9 million in principal amount of its 5.00% convertible senior notes due 2023 for common stock

Nanaimo, british columbia--(business wire)--tilray, inc. (“tilray” or the “company”) (nasdaq: tlry), a global pioneer in cannabis research, cultivation, production and distribution, today announced that it has entered into privately negotiated exchange agreements with certain holders of its 5.00% convertible senior notes due 2023 (the "notes"). pursuant to the exchange agreements, the company will exchange approximately $72.9 million in aggregate principal amount of notes plus accrued interest,
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