<SEC-DOCUMENT>0001140361-21-016872.txt : 20210511
<SEC-HEADER>0001140361-21-016872.hdr.sgml : 20210511
<ACCEPTANCE-DATETIME>20210511191306
ACCESSION NUMBER:		0001140361-21-016872
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210430
FILED AS OF DATE:		20210511
DATE AS OF CHANGE:		20210511

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kennedy Brendan
		CENTRAL INDEX KEY:			0001746070

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38594
		FILM NUMBER:		21912942

	MAIL ADDRESS:	
		STREET 1:		1920 EASTLAKE AVENUE E.
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98105

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Tilray, Inc.
		CENTRAL INDEX KEY:			0001731348
		STANDARD INDUSTRIAL CLASSIFICATION:	MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
		IRS NUMBER:				824310622
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE
		STREET 2:		SUITE 1602
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		519.322.8800

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE
		STREET 2:		SUITE 1602
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
</SEC-HEADER>
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<TYPE>4/A
<SEQUENCE>1
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<DESCRIPTION>FORM 4/A
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<ownershipDocument>

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    <documentType>4/A</documentType>

    <periodOfReport>2021-04-30</periodOfReport>

    <dateOfOriginalSubmission>2021-05-05</dateOfOriginalSubmission>

    <issuer>
        <issuerCik>0001731348</issuerCik>
        <issuerName>Tilray, Inc.</issuerName>
        <issuerTradingSymbol>TLRY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001746070</rptOwnerCik>
            <rptOwnerName>Kennedy Brendan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O TILRAY, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>745 FIFTH AVENUE, SUITE 1602</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10151</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class 2 Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2021-05-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>32148</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>16.99</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>9947847</value>
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                    <value>D</value>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class 2 Common Stock</value>
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            <transactionDate>
                <value>2021-05-03</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>33037</value>
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                <transactionPricePerShare>
                    <value>16.99</value>
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                    <value>D</value>
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                <sharesOwnedFollowingTransaction>
                    <value>9914810</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <nonDerivativeHolding>
            <securityTitle>
                <value>Class 2 Common Stock</value>
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                <sharesOwnedFollowingTransaction>
                    <value>234940</value>
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            <ownershipNature>
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                    <value>I</value>
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                <natureOfOwnership>
                    <value>By: Skyline &amp; Mayfair LLC</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
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        </nonDerivativeHolding>
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    <footnotes>
        <footnote id="F1">On May 5, 2021, the reporting person filed a Form 4 (the &quot;Original Form 4&quot;) which inadvertently failed to report (i) the withholding of shares of Class 2 Common Stock of Tilray, Inc., which occurred on May 3, 2021, in order to satisfy the reporting person's tax obligations in connection with two April 30, 2021 vestings (in the amounts of 73,953 and 76,000) of restricted stock units (&quot;RSUs&quot;) (as reported in the Original Form 4) and (ii) the shares of Class 2 Common Stock over which Mr. Kennedy has indirect beneficial ownership.</footnote>
        <footnote id="F2">The reporting person is the sole member of Skyline &amp; Mayfair LLC and has sole voting and investment power with respect to the shares held by Skyline &amp; Mayfair LLC.</footnote>
    </footnotes>

    <remarks>Exhibit List: Exhibit 24 - Power of Attorney.</remarks>

    <ownerSignature>
        <signatureName>/s/ Brendan Kennedy</signatureName>
        <signatureDate>2021-05-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<TYPE>EX-24
<SEQUENCE>2
<FILENAME>brhc10024389_ex24.htm
<DESCRIPTION>EXHIBIT 24
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      <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 24</font><br>
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      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS</div>
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      <div style="text-align: justify;">Know all by these presents, that the undersigned hereby makes, constitutes and appoints Carl Merton and/or Irwin D. Simon, and each of them, as the undersigned&#8217;s true and lawful attorney-in-fact, with full power and
        authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:</div>
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              <div>with respect to the equity securities of Tilray, Inc., a Delaware corporation (the &#8220;<font style="font-weight: bold; font-style: italic;">Company</font>&#8221;), prepare, execute, acknowledge, deliver and file with the United States Securities
                and Exchange Commission (the &#8220;<font style="font-weight: bold; font-style: italic;">SEC</font>&#8221;), any national securities exchanges and the Company, (i) a Form ID, and any amendments thereto, Update Passphrase Confirmation, and any other
                documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC, and (ii) any and all reports (including Forms 3, 4, and 5) and any amendments thereto, as considered
                necessary or advisable under Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from time to time (the &#8220;<font style="font-weight: bold; font-style: italic;">Exchange Act</font>&#8221;);</div>
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            <td style="width: 18pt; vertical-align: top;">(2)</td>
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              <div>seek or obtain, as the undersigned&#8217;s representative and on the undersigned&#8217;s behalf, information regarding transactions in the Company&#8217;s equity securities from any third party, including the Company and any brokers, dealers, employee
                benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information; and</div>
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      <div>&#160;</div>
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              <div>perform any and all other acts which in the discretion of such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing.</div>
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      <div>&#160;</div>
      <div style="text-align: justify;">The undersigned acknowledges that:</div>
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            <td style="width: 18pt; vertical-align: top;">(1)</td>
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              <div>this Power of Attorney authorizes, but does not require, such attorney-in-fact to act in his or her discretion on information provided to such attorney-in-fact without independent verification of such information;</div>
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      <div>&#160;</div>
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              <div>any documents prepared and/or executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her
                discretion, deems necessary or desirable;</div>
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              <div>neither the Company nor such attorney-in-fact assumes (i) any liability for the undersigned&#8217;s responsibility to comply with the requirements of Section 16 of the Exchange Act, (ii) any liability of the undersigned for any failure to
                comply with such requirements, or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and</div>
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              <div>this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned&#8217;s obligations under Section 16 of the Exchange Act, including without limitation the reporting requirements under Section 16
                of the Exchange Act.</div>
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      <div>&#160;</div>
      <div style="text-align: justify;">The undersigned hereby gives and grants the foregoing attorneys-in-fact, and each of them, full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or appropriate to be
        done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, with full power of substitution and re-substitution, hereby ratifying and confirming all that such attorney-in-fact, or
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      <div style="text-align: justify;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file reports (including Forms 3, 4 and 5) under Section 16 of the Exchange Act with respect to the
        undersigned&#8217;s transactions in equity securities of the Company, unless earlier revoked by the undersigned in a signed writing delivered to such attorney-in-fact.</div>
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      <div style="font-family: 'Times New Roman',Times,serif;"><font style="font-family: 'Times New Roman'; font-weight: bold;">I</font><font style="font-family: 'Times New Roman'; font-weight: bold;">N </font><font style="font-family: 'Times New Roman'; font-weight: bold;">W</font><font style="font-family: 'Times New Roman'; font-weight: bold;">ITNESS </font><font style="font-family: 'Times New Roman'; font-weight: bold;">W</font><font style="font-family: 'Times New Roman'; font-weight: bold;">HEREOF</font><font style="font-family: 'Times New Roman';">, the undersigned has caused this Power of Attorney to be executed as of this 29th day of April, 2021.</font></div>
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            <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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              <div style="font-family: 'Times New Roman', Times, serif;"><font style="font-family: 'Times New Roman';">/s/ </font><font style="font-family: 'Times New Roman';">Brendan Kennedy</font></div>
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              <div>Brendan Kennedy</div>
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