Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Tilray Brands Inc. (NASDAQ:TLRY) is joining other companies that are committing to help their employees travel to other states, following SCOTUS' decision to overturn Roe v. Wade, reported Marijuana Business Daily.
The Canadian cannabis giant said that it plans to pay for employees' travel, medical and accommodation expenses, as well as provide paid time off for those needing or choosing to seek reproductive care.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
While most of the company’s employees are based in Canada where abortion is legal at all stages of pregnancy and is publicly funded as a medical procedure, approximately 300 workers are US citizens.
“Considering the recent U.S. Supreme Court’s ruling, we are updating our health care benefits for all Tilray U.S. employees to include transportation expenses for employees and their covered family members to receive access to the reproductive care they need and choose,” CEO Irwin Simon said in a statement posted to his Twitter account.
Tilray appears to be the first major licensed cannabis company to announce such a policy.
In January, Tilray wrapped up two previously announced deals to acquire Green Flash Brewing and Alpine Beer Co.
The Canadian cannabis giant purchased the California craft beer brands from WC IPA on Dec. 17, for $5.1 million (CA$6.4 million), in cash and stock, according to the filing with the U.S. Securities and Exchange Commission (SEC).
Last year, Tilray acquired Colorado-based bourbon producer Breckenridge Distillery.
Price Action
Tilray’s shares traded 4.6828% lower at $3.155 per share at the time of writing on Thursday.
Photo: Courtesy of Esteban Lopez on Unsplash
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.