The Latest Breaking News from TLRY

Sell the Farm on These 4 Cannabis Stocks

Despite significant growth in recent years driven by increased legalization, the cannabis industry took a hit last year amid economic and industry-wide headwinds, including stubborn supply gluts. Furthermore, the industry will likely remain under pressure this year due to economic challenges. Hence, it could be wise to avoid fundamentally weak…

StockNews.com · Mar 21, 2023

3 Stocks to Sell Now Before Losses Worsen

Despite the banking industry crisis, the Fed is expected to launch another rate hike next week as it remains committed to bringing inflation down. Therefore, fundamentally weak stocks Snap (SNAP), Peloton Interactive (PTON), and Tilray Brands (TLRY) might be best avoided as they might plunge further. Keep reading.

StockNews.com · Mar 16, 2023

2 Risky Cannabis Stocks to Avoid Right Now

Following remarkable growth in recent years, the cannabis industry faced various legal and economic challenges, including overproduction amid high inflation, high taxes, and increased material costs impacting overall sales in 2022. The industry will likely remain under pressure amid concerns over rising inflation and a potential recession. Hence, it could…

StockNews.com · Mar 14, 2023

4 Marijuana Stocks to Avoid Like the Plague

While marijuana legalization has been rising, the industry is witnessing increased regulations. Moreover, the sector’s revenues have been declining recently. Hence, marijuana stocks Tilray Brands (TLRY), Canopy Growth (CGC), Sundial Growers (SNDL), and Aurora Cannabis (ACB) might be best avoided, given their weak fundamentals and negative profit margins. Keep reading.

StockNews.com · Jan 31, 2023

2 Marijuana Stocks That Are Nothing Short of Buzzkill

While the cannabis industry might be looking at a possible reversal of fortunes due to increased legalization for recreational and proven medicinal usage, fundamentally weak and beaten-down Marijuana stocks Tilray Brands (TLRY) and Canopy Growth (CGC) may be wealth destroyers. So, it could be wise for investors to avoid these…

StockNews.com · Nov 7, 2022

Tilray Stock Soars Then Returns To Earth On Biden's Cannabis Pardon News, This Analyst Remains Neutral

On the heels of President Biden’s historic announcement that he was pardoning all federal marijuana possession convictions, Cantor Fitzgerald's

Benzinga · Oct 8, 2022

Tilray Net Loss Nearly Doubles From Year Ago, But Biden Marijuana Pardons Keep The Stock Up

Canadian marijuana giant Tilray Brands, Inc. (NASDAQ: TLRY) (TSX:TLRY) reported Friday financial results for the first fiscal quarter ended August 31, 2022, with net revenue of $153.2 million, which compares to revenue of $168.02 million for the same period last year.

Benzinga · Oct 7, 2022

Tilray's SweetWater Brewing Company Unveils New Fall Craft-Beer Lineup

SweetWater Brewing Company, LLC, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY) (TSX:TLRY), announced its fall craft-beer lineup, which includes its new H.A.Z.Y. Double IPA and the return of its Mosaic Single Hop Hazy IPA.

Benzinga · Sep 28, 2022

2 Penny Stocks to Avoid Right Now Even at a Discount

With the recent market pullback in the aftermath of Jerome Powell’s speech at Jackson Hole, investors may be tempted to go bottom fishing. However, a rising interest rate environment may not be welcome news for developmental and fund-thirsty businesses with negative cash flows. Thus, given a foreseeably bleak outlook, it…

StockNews.com · Sep 7, 2022

3 Cannabis Stocks Going up in Flames to Avoid

The wide use of cannabis for recreational activities and its increased medicinal use has helped the market gain traction over the past years. However, with legalization barriers worldwide, this industry is in an odd limbo in which consumption flourishes, but penalties and taxes still prevail. Given the backdrop, it should…

StockNews.com · Aug 30, 2022