Shares of Tilray (NASDAQ: TLRY) fell 9.5% on Tuesday after government leaders in Germany postponed a final vote on a bill to legalize marijuana until next year. As a leader in cannabis research, cultivation, and distribution -- and noting its European headquarters office is located in Germany -- Tilray obviously has much to gain with every country that legalizes the drug. Tilray chairman and CEO Irwin Simon even traveled to Germany recently to visit its Parliament and discuss cannabis ahead of the vote.
Tilray Brands (NASDAQ: TLRY) is one of the world's largest cannabis companies, and if you're like most investors, that sounds like it means the possibility of outsized profits for shareholders. Let's break that question down by first examining Tilray's ambitions, as well as its actual performance. Tilray has two main growth avenues in the coming years.
Craft Beer Fans Embark on a Taste Adventure with 10 Barrel’s Iconic IPAs Apocalypse, All Ways Down, and Cloud Mentality Introducing 10 Barrel Brewing's HopBurst IPA Family Featuring: Apocalypse, All Ways Down, and Cloud Mentality BEND, Ore., Nov. 30, 2023 (GLOBE NEWSWIRE) -- 10 Barrel Brewing Co (“10 Barrel”), a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), proudly unveils the reimagined HopBurst Family of IPAs. This launch heralds a new era for 10 Barrel, building on their suc