- Canopy Growth ( NASDAQ: CGC ), Tilray Brands ( NASDAQ: TLRY ), and other Canadian cannabis licensed producers are markedly higher in Wednesday trading as chatter about the industry on WallStreetBets intensifies.
- In Wednesday morning trading, Canopy ( CGC ) is up 11% , Tilray ( TLRY ) up 4% , Aurora Cannabis ( NASDAQ: ACB ) up 6% , and HEXO Corp. ( NASDAQ: HEXO ) up 11% .
- There is increased discussion about Canadian LPs on WallStreetBets which may account for the increases.
- Tilray ( TLRY ) CEO Irwin Simon, in a recent interview with Yahoo Finance , said that the U.S. represents in $100B opportunity in cannabis. That opportunity could become reality if a federal marijuana legalization bill gets signed into law .
- Check out a recent deep dive into Tilray ( TLRY ) and whether the stock is a buy at this time .
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Canopy Growth, Tilray other Canadian cannabis names up amid WallStreetBets chatter