Privateer to release 75 mln Tilray shares
Privateer has agreed to merge with Tilray and is giving Tilray control over releasing its 75 million shares to its stockholders. Privateer’s ownership represents 77 percent of Tilray’s total shares outstanding. Tilray, which provides cannabis research, cultivation, production, and distribution, was originally incubated and financed by Privateer before closing a Series A in February 2018.
10 June 2019•6 mins read
