Why Bears Think Tilray Brands Will Continue To Dip

Summary:

  • Tilray’s stock has dropped 20% since the start of 2024, losing nearly 90% of its valuation over the last 3 years.
  • Despite the decline, Tilray’s market cap of $1.53 billion is still higher than its competitors Canopy Growth and Aurora Cannabis.
  • Tilray’s investment pitch is focused on its diversified business footprint, with beverage alcohol sales offsetting the decline in its cannabis distribution segment.
Cannabis in antique book

Nastasic

Tilray Brands (NASDAQ:TLRY) has dipped 20% since the start of 2024, maintaining a downtrend that has seen the largest Canadian cannabis company by market cap lose nearly 90% of its valuation over the last 3 years. There might be a reversal at some


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