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StockNews.com
StockNews.com
Business
Abhishek Bhuyan

Cannabis Check: Should You Consider Canopy Growth (CGC) and Tilray (TLRY) for Your 2024 Portfolio?

Given the uncertainties surrounding legalization and the presence of illicit practices in the cannabis industry, let’s look into the fundamentals of Tilray Brands, Inc. (TLRY) and Canopy Growth Corporation (CGC) to determine if it’s worth adding them to one’s portfolio this year.

The Canadian cannabis industry, one of the world’s largest legal cannabis markets, is experiencing turbulence. A government-appointed expert panel found that despite the growth of the legal cannabis market in the country, companies operating in this space are struggling to realize profits.

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