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Benzinga
Benzinga
Business
Adam Eckert

Why Tilray Brands Stock Is Trading Higher Today

Tilray Brands Inc (NASDAQ:TLRY) shares are trading higher Wednesday morning after the company reported third-quarter financial results.

Tilray said fiscal third-quarter revenue grew 23% year-over-year to $152 million. Cannabis revenue grew 32%, while beverage alcohol revenue grew 64%. Tilray noted that international cannabis revenue increased 4,000% year-over-year. 

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