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Benzinga
Benzinga
Business
Jelena Martinovic

This Analyst Has Mixed Feelings About Tilray's Promise To Achieve $4B In Revenue By 2024, Here's Why

Tilray Pablo Zuanic HEXO Nasdaq Tilray Brands Irwin Simon Canada United States CPG Gold

Tilray Brands' (NASDAQ:TLRY) stock has plunged nearly 30% year-to-date. However, with the company being clearer regarding its plan to become a $4 billion revenue company by fiscal 2024, as well as explaining that the target is partially affected by the M&A opportunities and cannabis legalization – both in the U.S. and overseas - analysts' views are mixed.

The Analyst

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