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Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Healthcare Cannabis
Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Tilray Brands, Inc. > Why Tilray, Canopy Growth, and Aurora Cannabis Are Stumbling
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Post by MrVerbatim9800on Aug 26, 2022 2:53pm
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Post# 34923238

Why Tilray, Canopy Growth, and Aurora Cannabis Are Stumbling

Why Tilray, Canopy Growth, and Aurora Cannabis Are Stumbling

Canadian cannabis stocks are under pressure yet again today. As of 1:12 p.m. ET Friday, Tilray (NASDAQ: TLRY) stock was down by 5.4%, Canopy Growth 's (NASDAQ: CGC) equity was in the red by 7.3%, and Aurora Cannabis ' (NASDAQ: ACB) shares were lower by 7%.

What's weighing on these pot stocks today? Yesterday, Democratic Sen. Ron Wyden admitted in comments to public policy magazine The American Prospect that the Cannabis Administration and Opportunity Act (CAOA) is unlikely to have the 60 votes required to pass.

Image source: Getty Images.

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Why Tilray, Canopy Growth, and Aurora Cannabis Are Stumbling Today

Source: Motley Fool (Aug 26, 2022 14:32:48 EDT)

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