On April 30, 2024, Tilray Brands, Inc., a Delaware-based corporation, announced the completion of a significant transaction with Double Diamond Holdings Ltd. (DDH), an Ontario corporation. The agreement involved Tilray acquiring a promissory note from DDH valued at USD$10,883,496, which is payable by 1974568 Ontario Limited, also known as Aphria Diamond. Aphria Diamond is a joint venture between DDH and Aphria Inc., which is a direct and wholly-owned subsidiary of Tilray. In exchange for the promissory note, Tilray issued 6,148,868 shares of its common stock to DDH. The shares were issued under Regulation S of the Securities Act of 1933, which allows for the sale of securities outside the United States without registration. This transaction did not involve any underwriters or the payment of commissions.

On April 30, 2024, Tilray Brands, Inc., a Delaware-based corporation, announced the completion of a significant transaction with Double Diamond Holdings Ltd. (DDH), an Ontario corporation. The agreement involved Tilray acquiring a promissory note from DDH valued at USD$10,883,496, which is payable by 1974568 Ontario Limited, also known as Aphria Diamond. Aphria Diamond is a joint venture between DDH and Aphria Inc., which is a direct and wholly-owned subsidiary of Tilray. In exchange for the promissory note, Tilray issued 6,148,868 shares of its common stock to DDH. The shares were issued under Regulation S of the Securities Act of 1933, which allows for the sale of securities outside the United States without registration. This transaction did not involve any underwriters or the payment of commissions.