Tilray, inc. announces agreement to exchange approximately $124.3 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 a privately negotiated exchange agreement with a certain holder of its 5.00% convertible senior notes due 2023 (the "notes"). pursuant to the exchange agreement, the company will exchange approximately $124.3 million in aggregate principal amount of notes plus accrued interes
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