Do you want to invest in the cannabis industry? One thing you should know off the bat is that marijuana legalization isn't inevitable in the U.S., despite any news you may have heard about drug rescheduling or new bills in Congress. It's important to get that out of the way, as many investors load up ...
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Canadian cannabis producer Tilray Brands (NASDAQ: TLRY) reported its most recent earnings numbers last week. The company showed progress in increasing its top line, although challenges with the bottom line persist. The headline was that the company missed revenue expectations, but there's a bigger issue ...
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Image source: The Motley Fool. Tilray Brands (NASDAQ: TLRY) Q3 2024 Earnings Call Apr 09, 2024, 8:30 a.m. ET Operator Continue reading
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Tuesday is turning into a lousy day to own marijuana stocks, as bad news from cannabis company Tilray Brands (NASDAQ: TLRY) is taking a toll on pretty much every other marijuana stock out there. Tilray reported a miss on sales this morning and a $0.12 per-share net loss. Shares of Cronos Group (NASDAQ: ...
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Miserable news for investors in cannabis stock Tilray Brands (NASDAQ: TLRY) this morning: Earnings are out, and the news is not great. Analysts forecast Tilray to lose $0.05 per share in its fiscal Q3 2024. For what it's worth, Tilray's reported loss rounded closer to $0 -- so that's the good news (albeit ...
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Cannabis company Tilray, Inc. (NASDAQ: TLRY) Tuesday announced financial results for the third quarter of 2024, reporting a narrower net loss and double-digit revenue growth. The company reported a net loss of $105 billion or $0.12 per share for the three months ended February 2024, compared to a loss ...
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Investors were uncharacteristically high on Canadian marijuana stocks as the stock market surmounted the hump of Hump Day. Many of the country's weed companies did well during the trading session. These included bellwether Canopy Growth (NASDAQ: CGC), which saw a more than 30% rise in its price on news ...
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The cannabis industry has a lot of potential upside. As new markets around the world open up and legalize cannabis for medicinal or recreational use, it can give a company with global aspirations more growth opportunities. The challenge, however, is that it can require a lot of patience from investors. ...
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Tilray Brands (NASDAQ: TLRY) probably won't make you a millionaire overnight. But under the right set of conditions, could it make you wealthier over the coming decade or so? It's not the most likely scenario, though it could happen. Let's discuss what would make it into a home run for shareholders so ...
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Marijuana stocks are closing out the week on a strong note Friday, with shares of Cronos Group (NASDAQ: CRON) up a solid 5% through 10:50 a.m. ET, and Tilray Brands (NASDAQ: TLRY) and Canopy Growth (NASDAQ: CGC) doing even better -- up 11.8% and 26.6%, respectively. U.S. news is part of the reason for ...
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Cannabis stocks continue to disappoint. Tilray (NASDAQ: TLRY), one of the leaders in the Canadian market, is no exception. The stock is down by 17% year to date -- the shares are trading for just $1.92 as of this writing. Tilray might almost look attractive at that price if the pot grower can bounce ...
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For every good stock you can buy, there's usually at least a couple of bad ones you are better off avoiding. Stocks that are falling in value can seem like tempting buys since they look cheap, but often they're declining for a good reason. If a stock is down more than 80% over the past five years, that's ...
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Shares of Tilray (NASDAQ: TLRY) rose 11% on Monday after U.S. Vice President Kamala Harris seemed to favor fully legalizing marijuana -- a development that would be obviously positive for the cannabis-lifestyle and beverages company. At the White House on Friday, Harris reportedly told a room full of ...
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