TLRY - Is It Too Late to Buy Tilray Brands Stock?
2024-01-31 06:30:00 ET
It's now been more than five years since Canada legalized adult-use cannabis, which led to a bit of a land rush into the industry. However, the hype turned out to be short-lived, and cannabis stocks have been a collective disaster since.
Even a company as prominent as Tilray Brands (NASDAQ: TLRY) , arguably one of the leaders in the sector, has failed to produce anything even approaching solid and consistent performance, despite initially seeing its shares soar. Is there any hope left for Tilray Brands, or should investors take their money elsewhere?
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Is It Too Late to Buy Tilray Brands Stock?