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home / news releases / TLRY - Tilray Takes A Step Forward

TLRY - Tilray Takes A Step Forward

Tilray Inc.

2024-05-21 04:51:27 ET

Summary

  • Canadian cannabis and beverage firm Tilray has struggled with missed revenue estimates, large losses, and cash burn.
  • The company has taken steps to improve its financials, including exchanging debt for shares and looking to raising $250 million in equity.
  • The valuation is looking better compared to a key industry peer, but analysts have been cutting their price targets.

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For further details see:

Tilray Takes A Step Forward
Stock Information
Company Name: Tilray Inc.
Stock Symbol: TLRY
Market: NASDAQ
Website: tilray.com
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