ACB $7.560 (-0.13%)

ACNNF $0.251 (-1.67%)

AERO $1.330 (6.4%)

AGEEF $0.421 (-1.95%)

ALEAF $0.967 (-0.34%)

AMMJ $0.285 (-2.23%)

APHA $6.790 (-2.44%)

ARNA $55.320 (-2.09%)

ATT:CNX $0.080 (0%)

ATTBF $0.032 (-2.57%)

AUSA:CNX $1.010 (-0.98%)

AUSAF $0.760 (-0.2%)

AVXL $3.060 (-6.99%)

BAMM:CNX $1.400 (23.89%)

BBM:CNX $0.400 (-4.76%)

BBRRF $0.302 (-2.58%)

BE:CNX $0.085 (6.25%)

BIO:CNX $0.530 (6%)

BLEVF $0.063 (0.48%)

BLIS:CNX $0.380 (0%)

BLO:CNX $1.220 (1.67%)

BLOZF $0.910 (1.79%)

BUDZ $0.610 (-7.53%)

BXNG $0.440 (-5.35%)

CADMF $1.310 (3.45%)

CALI:CNX $0.130 (8.33%)

CANN $0.865 (0.58%)

CARA $19.370 (-2.96%)

CBII:CNX $0.165 (3.13%)

CBWTF $0.563 (-4.34%)

CGC $41.180 (-1.62%)

CGRW $0.420 (0%)

CHOO:CNX $0.490 (2.08%)

CHOOF $0.360 (1.41%)

CNAB $0.360 (-3.16%)

CNBX $0.293 (-2.47%)

CNGGF $1.290 (-8.51%)

CODI $19.080 (0.63%)

CPMD $1.830 (7.02%)

CRBP $6.850 (-3.52%)

CRON $15.440 (-5.62%)

CROP:CNX $0.220 (4.76%)

CRTPF $3.850 (1.32%)

CRXPF $0.160 (3.39%)

CSI:CNX $1.740 (2.35%)

CTST $5.000 (0%)

CURR $3.950 (6.76%)

CVSI $4.200 (-2.78%)

DIGP $0.160 (8.11%)

DXBRF $0.745 (6.43%)

EAPH $0.005 (-8.16%)

EAT:CNX $0.200 (8.11%)

EEVVF $0.309 (2.01%)

EMHTF $2.140 (-5.31%)

EPWCF $0.122 (0%)

EVIO $0.225 (6.13%)

FFRMF $0.072 (2.55%)

FFT:CNX $0.100 (5.26%)

FNNZF $0.098 (-0.71%)

FSDDF $0.137 (-7.8%)

GGTTF $0.361 (-0.24%)

GLDFF $0.061 (-0.65%)

GLH:CNX $0.075 (0%)

GLNNF $0.103 (-1.9%)

GNBT $1.860 (3.91%)

GRIN:CNX $0.225 (-6.25%)

GRWG $3.020 (-1.31%)

GSTR:CNX $0.170 (-15%)

GTBIF $9.780 (-6.86%)

GTII:CNX $13.150 (-5.94%)

GWPH $170.880 (-2.77%)

HC:CNX $0.310 (-6.06%)

HEXO $5.610 (-4.92%)

HHPHF $0.230 (-8.51%)

HLSPY $0.600 (0%)

HMLSF $13.691 (-1.74%)

HMPPF $0.621 (0.65%)

HRVOF $0.500 (-1.68%)

HSTRF $0.276 (-7.52%)

HUGE:CNX $0.180 (-5.26%)

IAN:CNX $4.200 (-3.67%)

IGC $1.260 (48.22%)

IGXT $0.530 (0%)

IIPR $108.480 (7.5%)

IMLFF $0.264 (-2.22%)

INQD $0.022 (-0.9%)

INSY $0.340 (-15%)

IONC:CNX $0.355 (-6.58%)

ISOL:CNX $1.010 (-2.88%)

ISOLF $0.759 (-2.69%)

ITHUF $3.140 (-4.22%)

IVITF $0.314 (-3.11%)

JWCAF $0.595 (-0.5%)

KALTF $0.038 (7.04%)

KBEV:CNX $0.340 (-5.56%)

KBEVF $0.259 (-4.7%)

KHRNF $1.840 (-6.26%)

KSHB $4.440 (-2.42%)

LDS:CNX $0.385 (2.67%)

LDSYF $0.285 (-0.25%)

LHS:CNX $0.570 (-5%)

LHSIF $0.434 (-4.74%)

LOVE:CNX $0.170 (3.03%)

LVWL:CNX $0.740 (0%)

LXLLF $0.550 (0%)

LXRP $0.868 (2.07%)

LXX:CNX $1.160 (1.75%)

MCIG $0.057 (-1.21%)

MDCL $3.910 (0.51%)

MEDIF $4.057 (5.35%)

MGWFF $0.095 (-4.9%)

MICWF $0.222 (-3.89%)

MJ:CNX $0.425 (-1.16%)

MJNA $0.057 (-1.21%)

MNTR $0.336 (-10.37%)

MRRCF $0.522 (-1.6%)

MWM:CNX $0.300 (0%)

MYM:CNX $0.300 (-3.23%)

MYMMF $0.224 (-2.83%)

NCNNF $0.674 (1.64%)

NDVAF $0.281 (1.67%)

NGW:CNX $0.330 (3.13%)

NRXCF $0.055 (0%)

NSPDF $0.086 (-0.58%)

NTEC $4.720 (-0.63%)

NVTQF $0.013 (0%)

NWKRF $0.424 (0%)

NXGWF $0.243 (0.54%)

NXTTF $0.490 (-3.07%)

OGI $6.270 (-7.79%)

OH:CNX $7.950 (-3.17%)

ORHOF $5.920 (-4.01%)

OWCP $0.016 (-2.5%)

PHGI:CNX $0.340 (-10.53%)

PHGRF $0.274 (-5.62%)

PHVAF $0.320 (-3.03%)

PILL:CNX $0.700 (2.94%)

PKG:CNX $0.235 (-6%)

PLPRF $3.208 (-0.36%)

PLUS:CNX $4.300 (-1.15%)

PMCB $0.039 (0.78%)

PNPL $0.500 (0%)

POTN $0.079 (1.79%)

PRCNF $0.092 (-16.27%)

PTNYF $0.177 (-7.15%)

PUFXF $0.264 (-8.01%)

QCA:CNX $0.205 (-2.38%)

RDDTF $0.713 (-0.63%)

RLLVF $0.067 (2.42%)

RMHB $0.053 (0.19%)

RQB:CNX $0.560 (-1.75%)

RQHTF $0.210 (0.62%)

RVVQF $0.420 (-2.26%)

SLNG:CNX $1.530 (-4.38%)

SMG $96.560 (1.79%)

SNN:CNX $2.960 (-1.99%)

SNNVF $2.209 (-3.1%)

SOL:CNX $2.150 (4.37%)

SOLCF $1.600 (3.23%)

SPLIF $0.141 (2.85%)

SPRWF $1.207 (-3.43%)

SRNA $0.047 (15.56%)

STEM:CNX $2.000 (1.01%)

STMH $1.520 (1.33%)

SUN:CNX $0.610 (1.67%)

TBPMF $0.384 (-5.44%)

TCAN:CNX $4.750 (9.2%)

TDRYF $0.309 (0%)

TER:CNX $5.980 (-1.97%)

TGEN $3.500 (-4.3%)

TGIF:CNX $0.445 (1.14%)

TGIFF $0.334 (0.75%)

THC:CNX $0.255 (-1.92%)

THCBF $0.191 (-3.29%)

TLRY $39.010 (-4.15%)

TOKI:CNX $0.125 (8.7%)

TRLFF $0.318 (-0.87%)

TRPX $2.690 (1.51%)

TRSSF $4.470 (-2.45%)

TRTC $0.630 (-3.82%)

TURV $0.450 (-2.17%)

VAPN:CNX $1.900 (3.83%)

VBIO $0.240 (-4%)

VIDA:CNX $0.425 (-1.16%)

VIN:CNX $0.520 (0%)

VPRB $0.053 (-1.85%)

VRNDF $0.907 (-0.77%)

VRT:CNX $0.390 (5.41%)

VRTHF $0.296 (6.25%)

VVCIF $0.445 (-2.41%)

WAYL:CNX $0.740 (0%)

WDDMF $1.140 (-3.06%)

WLDFF $0.453 (-1.43%)

XXII $1.960 (-2.97%)

ZDPY $0.300 (0%)

ZYNE $13.030 (-4.4%)

Back

Privateer Holdings Inc. Provides Guidance On Unwinding It’s Position In Tilray

Jan 11, 2019 • 12:02 PM GMT+0000
Cannabis (8).png
1 MIN READ  •  By Michael Berger
Share Share - Facebook Share - Twitter

Privateer Holdings Inc. (Privateer), the world’s first and leading private equity firm investing exclusively in the emerging legal cannabis industry, today issued the following statement, strongly emphasizing that it does not have plans to register, sell or distribute the 75 million shares that Privateer owns in Tilray, Inc. (NASDAQ:TLRY) when the lock-up expires next week.

Statement from Michael Blue, Managing Partner of Privateer Holdings, in response to market speculation regarding its Tilray shareholding:

“Privateer Holdings strongly believes in Tilray’s long-term global growth strategy and pioneering role in shaping the future of the legal cannabis industry. Given this, we do not have plans to register, sell or distribute the shares Privateer holds in Tilray during the first half of 2019. When we decide to distribute shares, we will do so in an orderly and deliberate manner to maximize tax-efficiency considerations for Privateer investors, while also taking into consideration potential impacts on Tilray’s public float. And we will do it in a way that reflects our long-term confidence in Tilray’s business model and management team.”

ABOUT PRIVATEER HOLDINGS INC.

Privateer Holdings is the world’s first private equity firm to invest exclusively in legal cannabis. The Privateer Holdings team has raised $200 million to invest in cannabis brands. Learn more at www.privateerholdings.com.

Privateer Holdings
Zack Hutson, +1-415-534-5541
zack.hutson@privateerholdings.com

Copyright Business Wire 2019
Source: Business Wire (January 11, 2019 – 7:00 AM EST)

News by QuoteMedia
www.quotemedia.com

Share Share - Facebook Share - Twitter

Tags

Authored By

Michael Berger

Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Technical420.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.

Comments

Get the Latest Cannabis News & Stock Picks.

Enter your email below to join the official Technical420 newsletter.

 All good -- no spamming here.