Tilray Brands, Inc. (TLRY)

NASDAQ: TLRY · IEX Real-Time Price · USD
1.995
-0.475 (-19.23%)
May 1, 2024, 12:05 PM EDT - Market open
-19.23%
Market Cap 1.54B
Revenue (ttm) 743.25M
Net Income (ttm) -351.95M
Shares Out 774.03M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 63,107,469
Open 2.290
Previous Close 2.470
Day's Range 1.990 - 2.340
52-Week Range 1.500 - 3.400
Beta 2.46
Analysts Hold
Price Target 2.25 (+13.07%)
Earnings Date Apr 9, 2024

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 Brands'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 2 analysts, the average rating for TLRY stock is "Hold." The 12-month stock price forecast is $2.25, which is an increase of 13.07% from the latest price.

Price Target
$2.25
(13.07% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous

Canopy Growth Corp. and Tilray Brands Inc. stocks made more modest moves on Wednesday after a huge rally in the previous session on plans by the Biden administration to reclassify pot as less dangerou...

Other symbols: ACBCGCCRON
3 hours ago - Market Watch

Widmer Brothers Brewing Launches New Hefe Variety Pack With Revamped Versions of the Original American Hefeweizen

The new Hefe Variety Pack is a Widmer brand expansion, including the brewery's flagship Hefe along with Imperial Hefe, Widberry Hefe, and Apricot Hefe.

5 hours ago - GlobeNewsWire

Here's the risk for buying TLRY, CGC, MSOS, and SNDL stocks

Cannabis stocks have gone parabolic. Tilray Brands (TLRY) stock jumped by over 39% on Tuesday while Canopy Growth (CGC) soared by over 78%.

Other symbols: CGCMSOSSNDL
5 hours ago - Invezz

U.S. poised to ease restrictions on marijuana in historic shift, though it'll remain controlled substance

WASHINGTON — The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press has learned, a historic shift to generations of American drug pol...

Other symbols: ACBCGCCRONMSOS
15 hours ago - Market Watch

US plans to reclassify cannabis as less dangerous drug

The US is planning to reclassify cannabis as a less dangerous drug in an historic shift that could have a significant impact across the country.

Other symbols: ACBCGCCRONMSOS
18 hours ago - Skynews

Pot Stocks Rally as DEA Moves to Reclassify Marijuana as Less Dangerous Drug

Pot stocks rally as the DEA moves to reclassify marijuana as a less dangerous drug. Renita Young discusses this as the DEA's proposal needs to be reviewed by the White House Office of Management and B...

18 hours ago - Schwab Network

DEA to Reclassify Marijuana | Daily Stock Market Wrap 4/30

The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer. On the eve of th...

Other symbols: MJMSOS
19 hours ago - Bloomberg Markets and Finance

Cannabis Stocks Spike Following Reports Marijuana Will Be Reclassified As Less Dangerous Drug

Cannabis company stocks skyrocketed Tuesday following multiple reports marijuana will be reclassified to a less dangerous drug schedule, which could broaden the substance's medical usage and cut down ...

Other symbols: ACBAMHCGC
19 hours ago - Forbes

Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug

Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug.

20 hours ago - Reuters

Biden administration to ease federal restrictions on marijuana

CNBC's Brandon Gomez joins 'Power Lunch' to discuss the Biden administration's plan to reclassify marijuana, easing federal restrictions.

Other symbols: MJMSOSYOLO
21 hours ago - CNBC Television

US drug enforcers to ease restrictions on cannabis, AP reports

The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press reported on Tuesday, citing five people familiar with the matter.

Other symbols: ACBCGCCRON
22 hours ago - Reuters

Cannabis stocks rally as AP reports imminent rescheduling proposal by DEA

Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose the lowering of cannabis to a Schedule III controlled ...

22 hours ago - Market Watch

Breckenridge Brewery Introduces New West Coast Style IPA ‘Ridge Runner'

Breckenridge Brewery Launches New Ridge Runner IPA inspired by the untamed beauty of Colorado's trails and adventurous outdoor lifestyle behind the brand.

2 days ago - GlobeNewsWire

Tilray Brands Celebrates Big Wins at the Craft Brewer's Conference and 2024 World Beer Cup, the Most Prestigious Beer Competition in the World

10 Barrel Brewing Wins Innovation in Craft Brewing Award and Sweeps German-Style Sour Ale Category with Gold, Silver, and Bronze Medals Green Flash Brewing Wins Bronze in Juicy or Hazy Pale Ale Catego...

5 days ago - GlobeNewsWire

Sweetwater Brewing Unveils Modern Rebrand

ATLANTA, April 25, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc., (NASDA...

6 days ago - GlobeNewsWire

Top Canadian Marijuana Stocks To Invest In For Big Gains

The cannabis industry has rapidly become a significant sector within the stock market, attracting a diverse array of investors. Yet marijuana stocks are notorious for their volatility, influenced heav...

Other symbols: CGCCRON
7 days ago - MarijuanaStocks

Montauk Brewing's Project 4:20 IPA Returns to Support Surfrider Foundation

Montauk will donate proceeds of Project 4:20 to the Surfrider Foundation, a non-profit dedicated to the protection and enjoyment of the world's oceans.

13 days ago - GlobeNewsWire

Best Marijuana Stocks to Buy: Cannabis Stocks for Investing

The best marijuana stocks have been put through the wringer for years. But with U.S. cannabis sales on the rise, these picks could finally have their day in the sun.

13 days ago - Kiplinger

Tilray Brands Lights Up 420 With Music Festivals and Celebrations Across The Country

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, is proud to announce a series...

14 days ago - GlobeNewsWire

April 2024's Hot Picks: Top Canadian Cannabis Stocks To Watch Now

As we move into mid-April 2024, Canadian marijuana stocks are capturing the attention of investors, given the ongoing developments and shifts in the global cannabis market. Stocks like Tilray, Canopy ...

Other symbols: ACBCGC
15 days ago - MarijuanaStocks

These Marijuana Stocks Could Begin To Rise Again?

Marijuana stock investors are seeing the future of cannabis and investing transforming. What does this mean exactly? So from earlier on in the green rush most marijuana stocks traded as if they were n...

Other symbols: CGCVFF
19 days ago - MarijuanaStocks

10 Barrel Brewing Adds 'Juicy Drama' to Its Award-Winning HopBurst Family

Crafted with a blend of Bravo and Simcoe hops, 10 Barrel's New 'Juicy Drama' offers a fresh twist on the traditional Double IPA that fans know and love.

20 days ago - GlobeNewsWire

Tilray Stock Tanks Following Earnings Miss, Outlook Cut

Shares of Tilray Brands (TLRY) plummeted Tuesday after the marijuana products maker and craft beer brewer posted worse-than-expected quarterly results and reduced its full-year earnings guidance as ca...

22 days ago - Investopedia

Tilray Brands Stock Dives. Weak Guidance Is Only One Problem.

Marijuana company Tilray also filed a wider-than-expected loss in the fiscal third quarter, and fell short on sales.

22 days ago - Barrons

Tilray Brands stock drops as it reports wider-than-expected loss and misses on revenue

Tilray Brands Inc.'s stock TLRY, -0.19% fell 11% in premarket trading after the cannabis company reported a wider-than-expected loss in its fiscal third quarter, while revenue fell short of analyst es...

22 days ago - Market Watch