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All dollar figures herein are in US dollars unless otherwise noted. Tilray primarily operates in Canada but its financials and its stock are in US dollars.
Summary
Tilray (TLRY) is the third most-valuable company in cannabis. Tilray has successfully landed big-name partnerships including deals with both Novartis (NVS) and AB InBev (BUD) for medical cannabis and cannabis-infused beverages, respectively. Tilray has made two acquisitions this quarter, including a C$419 million acquisition of a hemp company and a C$70 million acquisition of a small cannabis producer.
Tilray increased revenue to $15.5 million this quarter,