Tilray Sued for $300M Over Alleged Illegal Acquisition Scheme

Ganjapreneur
By Graham AbbottDec 19, 2019, 12:30 pm223 pts
Tilray (NASDAQ: TLRY) is being sued for $300 million in Florida over an alleged scheme to bankrupt soap company Trimax in hopes of acquiring one of its subsidiaries for pennies on the dollar. Specifically, Trimax says Tilray hoped to acquire the soap company’s CBD product line and distribution channels, which…

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