Tilray Renews Distribution Agreement With Great North For Cannabis Sales Across Canada
Portfolio Pulse from Vuk Zdinjak
Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) and Great North Distributors, Inc. have renewed their national brokerage agreement. Under the agreement, Great North will continue to be the exclusive representative for Tilray’s full portfolio of recreational cannabis products across the Canadian marketplace, excluding Quebec. The renewed 4-year agreement will see Great North invest in incremental headcount, key account resources, brand education, and enhanced data capabilities to maximize sales revenue.
July 27, 2023 | 1:27 pm
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Tilray's renewed agreement with Great North Distributors could potentially boost its sales revenue and market share in Canada. The agreement also includes investment in resources and capabilities to maximize sales.
The renewed agreement ensures continuity in distribution for Tilray, which could lead to increased sales and market share. The additional investment in resources and capabilities could further enhance Tilray's sales strategy and revenue.
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