The Nanaimo based company has inked a deal to purchase Hemp Hearts-maker Manitoba Harvest.
The deal is worth up to 419 million dollars.
Founded in 1998, Manitoba Harvest is the world’s largest hemp food manufacturer and a leader in the natural foods industry.
It produces, manufactures, markets and distributes a number of hemp-based consumer products, which are sold in over 16,000 stores at major retailers across the U.S. and Canada.
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By leveraging Manitoba Harvest’s established distribution network, Tilray plans to accelerate its expansion into the U.S. and Canadian markets, where it is legal, for CBD products.
