Tilray Announces $52.5M Net Income in Q3 2022, Rev. Jumps 23%
(Tilray) Tilray reported a net income of $52.475 million in the third quarter of 2022, an increase from a loss of $258.6 million in the comparable quarter of last year.…
Pot Stocks Maintain Gains as Voting on Federal Legalization Draws Closer
(Marijuana Moment) Shares of Tilray jumped 18% on Friday, adding gains after a 21% rise on Thursday as the US House heads to vote on federal legalization of Marijuana next…
Tilray Enters Into a $6M Profit in Q2 2022, Expects to Hit Synergies Ahead of Schedule
(Tilray) Cannabis company Tilray Inc. announced a net income of $6 million in the second quarter of 2022, an increase from a net loss of $89 million in the prior…
Tilray Acquires Distilled Spirits Brand Breckenridge in Product Expansion Push
(Tilray) Tilray Inc. has acquired Breckenridge Distillery in a deal it says will steer the cannabis firm towards its $4 billion revenue target by the end of 2024. Tilray banks…
Tilray’s Net Revenue Jumps by 43% in Q1 FY22 on Robust Cannabis Uptake
(Tilray) Tilray Inc. reported net revenue of $168 million in the first quarter of FY22, up 43% from the comparable period of the last financial year. Net cannabis revenue rose…
Tilray Revenue Jumps 25% in the Fourth Quarter. FY21 Loss Widens
(Tilray) Cannabis company Tilray reported a 25% increase in revenues to $142.2 million in the fourth quarter, up from $113.5 million in the previous quarter. The surge in Tilray’s net…
Tilray Upgraded to “Buy.” Target Set at $23
Jefferies upgraded Tilray Inc. shares to buy from underperform with a price target of $23 from $4.77, according to MarketWatch. Analyst Owen Bennett termed Tilray’s merger with Aphria Inc. as…
Tilray Commercialize Cannabis Products in New Zealand
Tilray Inc. has obtained approvals from the New Zealand government to launch medical cannabis products across the country, according to the company’s press release. The company’s product offering in New…
Tilray Reports Q4 and Full Fiscal Year 2020 Results. Cuts Net loss to $3 Million
Tilray Inc. reported a net loss of $3.0 million in the fourth quarter, down from a loss of $219.8 million in the comparable quarter of 2019, according to the company’s…
Reddit Mania now on Cannabis Stocks, Tilray is up More than 25%
Tilray rose 25% on Wednesday, bringing total gains year to date to more than 530%, while shares of a handful of other cannabis stocks also surged. According to CNBC, the…