News
TLRY
1.720
-0.58%
-0.010
Weekly Report: what happened at TLRY last week (0415-0419)?
Weekly Report · 23h ago
Organigram Is My Favorite Cannabis Stock Again
Organigram stock has performed well this year, despite an equity raise and a temporary pullback caused by Tilray's poor financial report. At the end of 2023, Alan Brochstein said Organigram was his favorite cannabis stock. The company's fiscal Q1 report showed a revenue shortfall but positive operating cash flow.
Seeking Alpha · 1d ago
On 4/20 Day, even non-cannabis companies get in the spirit
Seeking Alpha · 2d ago
'Cannabis Seizures At Checkpoints By U.S.-Mexico Border Frustrates State-Authorized Pot Industry' - Audacy Citing AP
U.S. Border Patrol says it has the right to seize cannabis shipments at checkpoints in southern New Mexico. More than $300,000 worth of marijuana has been seized in recent months at checkpoints. New Mexico's governor says she's working to protect the state's legalized cannabis industry. Cannabis is still a "Schedule 1" drug.
Benzinga · 3d ago
Analyst: SAFER Banking Act Has 50%-60% Chance of Passing
TipRanks · 4d ago
Marijuana Stock Movers For April 17, 2024
Green Growth Brands (OTC:GGBXF) shares closed up 900.00% at $1e-05. Elixinol Wellness, shares up 48.15%. Khiron Life Sciences shares closed down 99.99%. Shares of Aurora Cannabis closed down 3.39%.
Benzinga · 5d ago
Lack of Canadian Tax Reform Is Good for Big Cannabis Businesses -- Market Talk
Lack of excise tax reform in the Canadian budget should accelerate shakeout of smaller cannabis businesses, analyst says. Some tax relief would have provided a needed lifeline for smaller companies, Aaron Grey says. Village Farms, Organigram and Tilray should be the biggest beneficiaries, he says.
Dow Jones · 5d ago
What's Going On With Cannabis Stocks Wednesday?
Several cannabis stocks are trending higher Wednesday afternoon. Wednesday marks the final day of Benzinga's Cannabis Capital Conference in Hollywood, Florida. Cannabis stocks are well off their lows for the day and trending higher in the afternoon. Sen. Jack Reed pressed Attorney General Merrick Garland about a bipartisan marijuana banking bill.
Benzinga · 5d ago
'Senator Presses Attorney General Garland On Marijuana Banking Bill's Impact On Criminal Investigations' - Marijuana Moment
Democratic senator presses attorney general about a bipartisan marijuana banking bill. Sen. Jack Reed asked Merrick Garland for his opinion on a controversial section of the bill. Section 10 of the original bill would have required banks to notify criminals when their accounts are terminated. Garland says he can't comment on the specific provisions of the legislation.
Benzinga · 5d ago
Another Cannabis Pioneer Expands In Germany Via Acquisition As Experts Say 'There's No Stepping Back' From Legalization Wave
Flora Growth Corp. Has entered into a definitive agreement to acquire all of the issued and outstanding shares of Germany-based TruHC Pharma GmbH. The company has been active in Germany since 2017. A new German cannabis law went into effect on April 1 and partially legalizes cannabis.
Benzinga · 5d ago
No Cannabis Tax Relief In Canada, Tilray CEO Says This 'Hinders Our Ability To Compete With The Illicit Market'
The Canadian government unveiled its 2024 budget on Tuesday. There was no excise tax relief for cannabis companies the industry was hoping for. In February, a committee recommended limiting the excise tax rate to 10%. The budget document mentions the word "cannabis" only once in the 430-page document.
Benzinga · 5d ago
The Best Cannabis Stock to Invest $1,000 in Right Now
The U.S. Has a number of companies that could be considered a good investment. Cresco Labs is the latest to go undervalued. The company is a major factor in the growth of the country's economy. It's not just one company, but many in the same industry.
The Motley Fool · 5d ago
What's Going On With Marijuana Grower Tilray's Stock?
Tilray Brands, Inc. (NASDAQ:TLRY) shares are trading higher Tuesday. The stock has rallied on renewed optimism that the DEA may reschedule marijuana to a Schedule III substance. Tilray has been a frequent trending stock on WallStreetBets. The company's annualized stock performance over the past 5 years is -48.47%.
Benzinga · 6d ago
Tilray Brands Missed on Revenue in Q3, but This Is the More Concerning Number for Investors
Canadian cannabis producer Tilray Brands missed revenue expectations in its latest quarter. The company's operating cash flow is a sign of a company's financial health. Tilray has been aggressive with its growth in the Canadian cannabis market. A company's cash position could indicate whether a stock offering is on the horizon. But Tilray's cash burn rate has been increasing.
The Motley Fool · 6d ago
Lawmakers Consider Merging SAFER Banking Act with Crypto Regulation
TipRanks · 04/15 21:12
'Marijuana Companies Ask Federal Court To Set Oral Arguments On DOJ Claim That Cannabis 'Tourism' Justifies Prohibition Enforcement' - Marijuana Moment
Marijuana companies are asking a federal court to schedule oral arguments in a case against the federal government. The Justice Department says cannabis legalization attracts out-of-state tourism and justifies prohibition. The companies are seeking to shield their in-state activities from federal enforcement. DOJ has filed a motion to dismiss the suit.
Benzinga · 04/15 19:26
Top 10 Trending Stocks On WallStreetBets As Of April 15, 2024 (Via Swaggy Stocks)
Benzinga · 04/15 13:21
Canopy Growth to expedite entry into U.S. cannabis market
Canopy Growth to expedite entry into U.S. Cannabis market. Special meeting of shareholders approved creation of a new class of exchangeable shares. The cannabis firm is expected to accelerate entry into the US$50 billion in 2026 market. Shares of Canopy Growth were down over 1% premarket.
Seeking Alpha · 04/15 12:19
Weekly Report: what happened at TLRY last week (0408-0412)?
Weekly Report · 04/15 09:00
Portfolio Review: The Cat, The Tortoise And Me
Mauro Solis Vazquez Mellado created three portfolios inspired by animal archetypes. The Cat, The Tortoise and Me portfolios delivered a 22.4% return from March to the end of the year. The three portfolios were created to help investors understand the investment process.
Seeking Alpha · 04/15 06:54
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About TLRY
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.