NEW YORK & LEAMINGTON, Ontario, October 19, 2021--Tilray, Inc. ("Tilray" or the "Company") (NASDAQ: TLRY; TSX: TLRY) announces the expansion of its leadership team with the appointment of Blair MacNeil as President, Tilray Canada. In his new role, Blair will drive Tilray’s next stage of growth in Canada and oversee sales, marketing, and operations across medical and adult-use cannabis businesses. Blair will report to Jim Meiers, who has been appointed to Chief Operations Officer, Tilray, Inc.
Another acquisition agreement shows Canadian companies are positioning for a future legal U.S. market.
The company burned through a ton of cash last quarter, and it's a problem that likely isn't going away anytime soon.