Is Tilray Stock a Buy Right Now? This Is What You Need to Know
December 15 2021 - 04:34PM
TipRanks
While cannabis legalization at the federal level is progressing at
a slower pace than anticipated, it is widely accepted that it is
only a matter of time until legislative reform of US cannabis takes
place. Jefferies’ Owen Bennett has long argued that Canadian
cannabis producers should get ready for this scenario as the
opportunity south of the border is far more significant than the
one presented on home soil. While the latest move by Tilray (TLRY)
might not immediately please investors on this front, the analyst
believes it is a positive one. Last week, the company announced it
is acquiring Colorado-based Breckenridge Distillery for $102.
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Tilray Brands (NASDAQ:TLRY)
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Tilray Brands (NASDAQ:TLRY)
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