The legal cannabis industry in Canada must continue to consolidate to make it an attractive space for investors.
Tilray Brands (NASDAQ: TLRY) reported its latest quarterly results last week. Using three charts, I'll look at just what drove those improved numbers and whether Tilray had a good quarter or not, and determine if it looks to be a better buy right now. In the company's second-quarter results, for the period ending Nov. 30, 2021, Tilray reported net revenue of $155.2 million.
Tilray CEO Irwin Simon joins Yahoo Finance Live’s Julie Hyman to discuss the cannabis industry, why the company is pivoting to food and beverage brands, weed legalization in the U.S., and the end of a partnership with Budweiser.