ACRHF - Tilray surges higher following strong Q4 earnings as rest of cannabis sector follows
FatCamera/E+ via Getty Images Shares of Tilray ([[TLRY]] +21.1%) are sharply higher in morning trading after the company reported FY 2021 Q4 revenues that increased 27% compared to the prior-year period and the company has achieved $35M in synergies due to its merger with Aphria. Tilray expects $80M in total cost savings from the merger. Other cannabis growers: OrganiGram Holdings ([[OGI]] +5.3%); Cronos Group ([[CRON]] +4.0%); HEXO Corp. ([[HEXO]] +3.8%); Aurora Cannabis ([[ACB]] +7.0%); Canopy Growth ([[CGC]] +5.6%) ; Sundial Growers ([[SNDL]] +7.3%); and GrowGeneration ([[GRWG]] +4.3%).Multi-state operators: Trulieve Cannabis ([[TCNNF]] +1.8%); Harvest Health & Recreation ([[HRVSF]] +1.1%); Curaleaf Holdings ([[CURLF]] +1.8%); Acreage Holdings ([[ACRHF]] +4.9%); Cresco Labs ([[CRLBF]] +2.5%); Green Thumb Industries ([[GTBIF]] +1.7%); and MedMen Enterprises ([[MMNFF]] +7.7%).
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Tilray surges higher following strong Q4 earnings as rest of cannabis sector follows