Canadian cannabis player HEXO Corp (NASDAQ:HEXO) announced on Tuesday that the company’s shareholders voted in favor of its previously disclosed transaction of convertible notes with its domestic rival Tilray (TLRY).
~87% of votes were in favor of approving certain terms of the deal, the company said following a reconvened special meeting of shareholders today.
~18% of the company’s common shares were represented at the meeting, which was initially scheduled for June 14.