The entire cannabis sector is in the red today, but some stocks are down much further than others. Tilray stock (NASDAQ:TLRY) is one such example.
In fact, in a market that has seen the majority of cannabis stocks (especially the bigger players) rise in value in 2019, Tilray has dropped significantly. For perspective, Tilray stock is down 50% from the days in January where it sold for over $100. HEXO (NYSE:HEXO), by contrast, has doubled its value from early 2019.
Considering Tilray is the sixth-largest cannabis company by market cap, it’s a concern for ...
Read The Full Article On PotStockNews.com
Get the latest marijuana stock news, cannabis on stock news on PotStockNews
All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer.