
Tilray Brands Inc (NASDAQ:TLRY) stock is trending across social media Thursday, despite a lack of fresh company-specific news for the session. The cannabis and consumer brands company made several strategic moves in June that could be fueling the current interest.
What To Know: Last month, shareholders approved a potential reverse stock split, a measure aimed at ensuring Nasdaq compliance and attracting institutional investors. However, Tilray has currently paused its implementation to weigh its options.