Friday, September 12, 2025

Tilray to Enter Cannabis Retail Space

Tilray Inc (NASDAQ: TLRY) announced this morning that it will be entering the cannabis retail space, via an acquisition of 420 Investments. The all stock transaction is valued at approximately C$110 million.

Operating under the FOUR20 brand, 420 Investments currently operates six licensed retail locations across Alberta, with licenses to open 16 more locations across the province. Upon closing, Tilray intends to expand the retail operation to other provinces where permitted.

Under the signed definitive agreement, the retailer will be acquired through a subsidiary of High Park Holdings Ltd, Tilray’s Canadian cultivation subsidiary. While the total purchase price is $110 million, $70 million will be via Class 2 common shares of Tilray, with the remaining $40 million to be issued in Class 2 shares upon certain milestones being met.

Tilray did not provide an anticipated closing date for the transaction, instead indicating that the offer needs to be approved by 420 Investment shareholders.


Information for this briefing was found via Sedar and Tilray. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Cannabis Companies Have Begun Moving To Self-Insure

There is a common expression in the cannabis industry that “everything is more expensive.” Even...

Sunday, October 3, 2021, 09:00:00 AM

Tilray: Canaccord Lowers Target On Expected Adult-Use Sales Slump, Revised Hexo Deal

Earlier this week, Tilray Brands (TSX: TLRY) announced an update to their strategic alliance with...

Friday, June 17, 2022, 10:49:29 AM

Tilray Rumoured To Be In Talks With Tobacco Firm

Tilray Inc (NASDAQ: TLRY) saw plenty of action today despite widespread reports that its “biggest...

Tuesday, September 3, 2019, 03:32:05 PM

Tilray: Cantor Slashes Price Target To $7.40 Ahead Of Earnings

Tilray (TSX: TLRY) is expected to report its second fiscal quarter 2022 results on January...

Friday, January 7, 2022, 03:58:00 PM

Tilray Sees Revenue Decline On A Sequential Basis In Third Quarter

Tilray Brands (TSX: TLRY) this morning posted its third quarter financial results. Despite much blustering...

Wednesday, April 6, 2022, 07:58:49 AM