(marketscreener.com) Tilray Brands Inc said on Monday it would buy Canadian cannabis company Hexo Corp for $56 million, which would cement the pot producer’s top position in Canada in terms of market share.https://www.marketscreener.com/quote/stock/TILRAY-BRA…

Hexo shareholders will receive 0.4352 of a share of Tilray common stock in exchange for each share held. Shares of Hexo plunged 22.6% to $1.27 in extended trade, while Tilray fell 2% to $2.68.
Tilra…