Everyone Is Talking About Tilray Brands Stock. Is It a Good Long-Term Option?
Thursday, 7 December 2023, 16:15:00
Tilray”s shift into making alcohol means that the vision for its future is now a lot bigger.
— The Motley Fool
Tilray Brands, Inc.: Tilray Brands Presents the Best Holiday Gifts for Whiskey Enthusiasts and Craft Beer Lovers
Thursday, 7 December 2023, 13:06:00
NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company is pleased to p…
— Finanz Nachrichten
Why Tilray Stock Dropped Today
Tuesday, 5 December 2023, 23:28:22
Tilray stock dropped after Germany delayed a planned vote to legalize marijuana.
— The Motley Fool
Tilray CEO Irwin Simon Visits Israel To Meet Business Partners And Germany Ahead Of Imminent Legalization
Tuesday, 5 December 2023, 16:43:37
Irwin Simon, a chairman and CEO of the largest Canadian cannabis company in the world, Tilray Brands (NASDAQ: TLRY ), recently took a business and personal trip to Israel amid the war with Hamas and to Germany, as legal cannabis seems to be on the horizon. In an exclusive interview with Fox Business, Simon shared his experience. “This would be one of my most memorable trips in my lifetime. I’ve traveled all over the world. I’ve been to Israel, many, many times, and this was the trip that I’ll never forget,” Simon said. Why did he travel to Israel at this time? “I went to meet with other CEOs of consumer package good companies,” he said. “I went to meet with our partners there that we do business with. I went there to see with my own eyes what really happened. Because watching it on Fox, watching it on CNN is one thing, … Full story available on Benzinga.com
— Benzinga
TLRY Warning: Steer Clear of This Cannabis Stock NOW
Sunday, 3 December 2023, 12:15:00
Tilray (NASDAQ: TLRY ) stock has faced a steep decline, plummeting more than 99% from its $300 2018 peak. The Canadian cannabis market fell short of growth expectations, leading to challenges. Tilray is diversifying its business model with craft brewing ventures. With the stock trading under $2 per share, newfound delisting concerns that are plaguing the stock. A recent authorization to create more shares hints at future offerings and potential further decline. Analysts project the company to stay unprofitable until at least 2026, presenting little incentive for investors to stay in this stock. Here are more reasons I think Tilray is simply a company that’s not worth the risk, even at these beaten-down levels. This May Only Be a Decent Short-Term Play Tilray has done its best to look for profits in other market segments. The company recently introduced a diverse range of cannabis-infused beverages and lager-based choices from its Mollo craft brewing brands. Blair MacNeil, Tilray Canada president, emphasized the company’s commitment to innovation and consumer satisfaction, solidifying its leadership in the cannabis beverage market.
— InvestorPlace
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