 Tilray Brands Inc. TLRY, -0.34 TLRY, -1.34 said Thursday it would buy up to C211 million 167 million of Hexo Corp. HEXO, 5.82 HEXO, 4.29 senior secured convertible notes held by HT Investments MA LLC as part of a strategic alliance between the two cannabis companies. Tilray would have the right to convert the debt into stock at a price of 90 cents per Hexo share. 