Tilray Inc. signs deal to acquire Alberta cannabis retailer Four20

NANAIMO, B.C. -- Cannabis producer Tilray Inc. says it has signed a deal to acquire Alberta cannabis retailer Four20 in an agreement valued at up to $110 million.The Pot Post: Sign up to get the newsletter delivered to your inboxCalgary-based Four20 owns and operates six stores in Alberta and has secured 16 additional store locations. Under the terms of the agreement, Tilray will pay $70 million in Tilray class 2 common shares when the deal closes and an additional $40 million in common shares s