- Tilray Brands, Inc (NASDAQ: TLRY) stock is plunging Friday after it disclosed plans to raise $150 million via a convertible senior notes offering.
- The session volume spiked to 36 million vs. the average 100-day volume of 11 million.
- Tilray said it will use a portion of the proceeds to finance the repurchase of its outstanding 5% convertible senior notes due in 2023 and …