Tilray Continues Urging Shareholders To Approve Dilution – Proxy Advisory Firm ISS Also Recommends Approval

Tilray, Inc. (NASDAQ: TLRY) announced Monday that Institutional Shareholder Services (ISS), an independent proxy advisory firm recommended Tilray shareholders to vote in favor of the company’s proposals at the special meeting scheduled for July 29.

Previously, the Canadian giant released a proxy statement with an open letter from the company’s CEO Irwin D. Simon, in which he called on shareholders to support proposals to be discussed up at the upcoming annual shareholders meeting. 

At the time, Simon urged shareholders to back a proposal that will enable the company to increase the number of …

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