Tilray, Inc. Reports 2020 Second Quarter Results
(WorldNews Mexico)

Tilray, Inc. Reports 2020 Second Quarter Results Revenue Increased 10% to $50.4 Million (C$69.4 Million) versus Q2 2019 Cost Savings of $13.0 Million Realized in Q2 2020 - on Pace for Total Annualized Savings of Approximately $55 Million Net Loss of ($81.7) Million increased $45.4 Million versus Q2 2019 Partially Due to Facilities Closure and Inventory Adjustments Adjusted EBITDA Loss of ($12.3) Million Represents 32% Improvement compared to both Q2 2019 and Q1 2020 $137 Million Q2 2020 Ending Cash Balance and $250 Million Remaining on ATM NANAIMO, BRITISH COLUMBIA - Tilray, Inc. (`Tilray` or the `Company`) (Nasdaq: TLRY), a global pioneer in cannabis research, cultivation, production and...