Tilray Brands, Inc. (TLRY)

NASDAQ: TLRY · IEX Real-Time Price · USD
2.39
+0.04 (1.70%)
Sep 29, 2023, 4:00 PM EDT - Market closed
1.7%
Market Cap 1.68B
Revenue (ttm) 627.12M
Net Income (ttm) -1.45B
Shares Out 703.26M
EPS (ttm) -2.35
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 15,597,650
Open 2.39
Previous Close 2.35
Day's Range 2.33 - 2.42
52-Week Range 1.50 - 5.12
Beta 2.52
Analysts Hold
Price Target 3.48 (+45.61%)
Earnings Date Oct 4, 2023

About TLRY

Tilray Brands, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. It also offers medical and adult-use cannabis products; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-ba... [Read more]

Sector Healthcare
IPO Date Jul 19, 2018
Employees 1,600
Stock Exchange NASDAQ
Ticker Symbol TLRY
Full Company Profile

Financial Performance

In 2023, Tilray's revenue was $627.12 million, a decrease of -0.20% compared to the previous year's $628.37 million. Losses were -$1.45 billion, 204.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TLRY stock is "Hold." The 12-month stock price forecast is $3.48, which is an increase of 45.61% from the latest price.

Price Target
$3.48
(45.61% upside)
Analyst Consensus: Hold
Stock Forecasts

News

‘Potently Canadian' Cannabis Brand, CANACA, Launches ‘Let ‘Er Rip' Campaign

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company, today announced th...

1 day ago - GlobeNewsWire

Cannabis stock gains fade in volatile trading on US Senate bill hopes

Shares of marijuana companies gave back early gains on Wednesday after jumping following a U.S. Senate committee voted to advance a bill that would give legal cannabis-related companies a boost by all...

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2 days ago - Reuters

Cannabis stock rise as Senate committee OKs cannabis banking bill

Cannabis stocks moved up Wednesday after the U.S. Senate Committee on Banking, Housing and Urban Affairs approved the Secure and Fair Enforcement Regulation Banking Act, now known as the SAFER Banking...

3 days ago - Market Watch

Navigating the Highs: Canadian Cannabis Stocks in September 2023

The Canadian cannabis industry and top marijuana stocks continue to blaze a trail of opportunity for investors in September 2023, with several top Canadian cannabis companies gaining substantial tract...

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8 days ago - MarijuanaStocks

Tilray Brands, Inc. to Announce First Quarter 2024 Financial Results on October 4, 2023

NEW YORK and LEAMINGTON, Ontario, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer package...

9 days ago - GlobeNewsWire

Tilray's Best-Selling Beers Make Landfall at Atlantis, Bahamas

Montauk Brewing and SweetWater Brewing's Beers Now Available at the Resort's Top Dining Locations Montauk Brewing and SweetWater Brewing's Beers Now Available at the Resort's Top Dining Locations

10 days ago - GlobeNewsWire

Investing in Weed

Todd Harrison, founding partner and CIO at CB1 Capital Management, discusses marijuana investing and outlook for the industry on Bloomberg Markets. This interview aired 09/15/23

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11 days ago - Bloomberg Markets and Finance

Cannabis banking bill looks poised to get Senate committee's OK on Sept. 27

The Senate Banking Committee looks set to vote in a week and a half to advance a much-anticipated bill that aims to make it easier for the financial industry to work with cannabis companies.

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15 days ago - Market Watch

Montauk Brewing Expands Distribution Beyond the Northeast

Montauk's Easy-Drinking and Best-Selling Craft Beers Are Now Available at Major Retailers, Restaurants and Bars Across Georgia Montauk's Easy-Drinking and Best-Selling Craft Beers Are Now Available at...

16 days ago - GlobeNewsWire

3 Marijuana Stocks To Watch As The Cannabis Industry Continues To Grow

Marijuana stocks are the investment of the future for many reasons. For instance, the legal cannabis industry is still new and developing quickly. It was not long ago when the talks about legal cannab...

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18 days ago - MarijuanaStocks

Cannabis Stocks: Green Gold Rush or Risk Off?

The world of investing and trading is abuzz with excitement as one sector theme has recently emerged as a blazing hot topic of discussion: cannabis stocks.

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18 days ago - MarketBeat

Cannabis stocks gain as banking bill finds traction in Senate, but House OK looks challenging

Cannabis stocks advanced Thursday, helped by news that a key Senate committee could soon vote to advance a widely followed bill that aims to make it easier for the financial industry to work with cann...

Other symbols: CGCCURLFGTBIFMJMSOS
22 days ago - Market Watch

Tilray Expands Market Leading Cannabis Portfolio With Launch of New Redecan Products Across Canada

Best-Selling Redecan Brand Gets a Boost with New Limited-Edition Cannabis Flower Genetics and Product Lineup Best-Selling Redecan Brand Gets a Boost with New Limited-Edition Cannabis Flower Genetics a...

23 days ago - GlobeNewsWire

Green Investments: Top Canadian Marijuana Stocks for September 2023

We're glad you're here to learn about this week's top marijuana stocks, poised to see significant increases in September 2023. As the cannabis industry evolves, savvy investors seek opportunities whil...

Other symbols: CGCVFF
23 days ago - MarijuanaStocks

Will This New Development Mean A Big Rally In Cannabis Stocks?

Curaleaf Holdings Inc. OTCMKTS: CURLF,  Innovative Industrial Properties Inc. NYSE: IIPR and Tilray Inc. NASDAQ: TLRY were among cannabis stocks jumping higher after the Department of Health and Human...

24 days ago - MarketBeat

Cannabis stocks are still a buy despite recent double-digit gains

Cannabis stocks have come roaring back on recent news of major decriminalization progress at the federal level. The big question now for anyone who owns marijuana stocks or is considering the sector: ...

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24 days ago - Market Watch

Cannabis Stocks Surge After HHS Recommends Classifying Marijuana As Lower-Risk Drug

The recommendation is part of a larger marijuana reform plan announced by the Biden Administration last year.

Other symbols: CGCCURLFGTBIF
4 weeks ago - Forbes

U.S. health officials want to loosen marijuana restrictions. Here's what it means

If marijuana is downgraded to a Schedule III drug, it could be a huge boost to a struggling industry.

Other symbols: ACBCGC
4 weeks ago - CNBC

Why are cannabis stocks trading significantly up on Thursday?

Cannabis stocks are celebrating this morning after the U.S. Department of Health and Human Services recommended in a letter to the Drug Enforcement Administration that Marijuana be reclassified as a S...

Other symbols: CRON
4 weeks ago - Invezz

HHS recommendation to reschedule cannabis keeps pot stocks hot, but questions remain

The move by the Drug Enforcement Administration to review the Schedule I classification for cannabis sparked a wave of speculation and mostly positive comments from Wall Street on Thursday, but many q...

4 weeks ago - Market Watch

Pot stocks rally after health officials ask DEA to reclassify marijuana as lower-risk drug

Assistant Secretary for Health Rachel Levine reportedly requested in a letter to DEA Administrator Anne Milgram that marijuana be downgraded to a schedule III substance.

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4 weeks ago - Fox Business

Pot stocks jump as federal agency reportedly seeks to downgrade cannabis from the hard-drug category

The Drug Enforcement Agency received an official recommendation to downgrade marijuana.  Currently, pot is classified as a Schedule I drug, on par with heroin.

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4 weeks ago - Business Insider

HHS calls for easing restrictions on marijuana, sending cannabis stocks higher

That move could potentially expand the market for cannabis, sending shares of Canopy Growth, Tilray Brands and Cronos Group higher.

Other symbols: CGCCRON
4 weeks ago - CNBC

U.S. Dept. of Health and Human Services recommends re-scheduling cannabis, as stocks in the sector rally

The U.S. Department of Health and Human Services is recommending to the U.S. Drug Enforcement Administration that cannabis should be reclassified as a Schedule III controlled substance under U.S. law ...

4 weeks ago - Market Watch

RIFF Cannabis Launches New Diamond Infused Pre-Rolls and Blunts

The New Hand-Crafted RIFF Diamond Infused Pre-rolls and Blunts Are Now Available in Ontario PURE ‘DIAMONDS COLLECTION' IS ‘A CUT ABOVE'    TORONTO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc...

4 weeks ago - GlobeNewsWire