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Tilray stock down 6% after company plans to raise $400 million in convertible bonds

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The pot stock of the moment is taking a beating after the company said it plans to raise $400 million in convertible bonds:

 

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Wow it's still over 100, crazy😵

You call that a beating Hardly considering

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Tilray and Budweiser maker will partner to research weed drinks; Tilray stock jumpsMarijuana producer Tilray Inc. announced Wednesday that it has signed a research partnership with Budweiser maker Anheuser-Busch InBev SA, as the Canadian cannabis industry continues to strike deals with legacy industries.
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