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World’s Most Valuable Pot Company Envisions $100 Billion Future

  • Tilray CEO Kennedy interested in consumer product demand
  • Shares have surged more than 800 percent since July IPO
Bloomberg business news
Tilray Shares Soar as CEO Touts Pot's Growth Potential
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To hear its chief executive tell it, Tilray Inc., the cannabis company that has seen its valuation double since the beginning of the month, is only getting started in the stock market.

Tilray is interested in the burgeoning market for consumer products that use ingredients from marijuana, CEO Brendan Kennedy said in an interview in New York Tuesday. “We’ve had lots of conversations with lots of companies,” he said, though he declined to provide specific details about any potential partnerships.