Tilray Brands, Inc. (TLRY)

NASDAQ: TLRY · IEX Real-Time Price · USD
2.120
+0.050 (2.42%)
At close: May 16, 2024, 4:00 PM
2.160
+0.040 (1.89%)
After-hours: May 16, 2024, 7:59 PM EDT
2.42%
Market Cap 1.72B
Revenue (ttm) 743.25M
Net Income (ttm) -351.95M
Shares Out 806.16M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 62,874,279
Open 2.040
Previous Close 2.070
Day's Range 1.980 - 2.230
52-Week Range 1.500 - 3.400
Beta 2.38
Analysts Hold
Price Target 2.25 (+6.13%)
Earnings Date Apr 9, 2024

About TLRY

Tilray Brands, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. It also offers medical and adult-use cannabis products; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-ba... [Read more]

Sector Healthcare
IPO Date Jul 19, 2018
Employees 1,600
Stock Exchange NASDAQ
Ticker Symbol TLRY
Full Company Profile

Financial Performance

In 2023, Tilray Brands's revenue was $627.12 million, a decrease of -0.20% compared to the previous year's $628.37 million. Losses were -$1.45 billion, 204.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TLRY stock is "Hold." The 12-month stock price forecast is $2.25, which is an increase of 6.13% from the latest price.

Price Target
$2.25
(6.13% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Weed stocks pop as Biden backs marijuana reclassification

Cannabis stocks are rising after President Joe Biden publicly endorsed the Justice Department's recommendation to loosen restrictions on marijuana, reclassified from a Schedule I to a Schedule III dru...

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6 hours ago - Yahoo Finance

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ATLANTA, May 16, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), one of the largest craft brewers in the Southeast and a subsidiary of Tilray Brands, Inc.  ...

16 hours ago - GlobeNewsWire

Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help.

When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s.

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1 day ago - Market Watch

May 2024 Watchlist: Top Canadian Cannabis Stocks Heating Up the Market

As we explore the bustling Canadian cannabis market, several marijuana stocks stand out this week, warranting a closer look. These companies, thriving amid a globally expanding industry, have shown re...

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Pot Stocks Going Higher In 2024?

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3 days ago - Schwab Network

This Is How Marijuana Stocks Will Be Impacted By Reform In 2024

As the cannabis industry continues its growth in 2024, a confluence of regulatory, demographic, and market trends is shaping the sector. This has presented a fertile ground for savvy investors. Here's...

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5 days ago - MarijuanaStocks

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What will happen to marijuana stocks if cannabis does not get rescheduled? Some see this as a possibility and investors want to be prepared. With all the recent talks of cannabis being dropped from a ...

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6 days ago - MarijuanaStocks

Tilray Brands stock price analysis: TLRY is extremely risky, avoid

Tilray Brands (NASDAQ: TLRY) stock price has suffered a harsh reversal as I predicted on May 1st as cannabis shares surged. It has retreated to $1.98, down by over 20% from its highest level this mont...

6 days ago - Invezz

10 Barrel Brewing Introduces Pub Cerveza: a New Twist on ‘Cheap Fun.' Series

BEND, Ore., May 03, 2024 (GLOBE NEWSWIRE) -- 10 Barrel Brewing Co. ("10 Barrel Brewing Co." or "10 Barrel"), a Pacific Northwestern pioneer in craft brewing, a subsidiary of Tilray Brands, Inc. (NASDA...

13 days ago - GlobeNewsWire

Tilray Brands Launches XMG Zero, a New ‘Better for You' Cannabis Beverage

TORONTO, May 02, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced a bold new range of ca...

14 days ago - GlobeNewsWire

Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous

Canopy Growth Corp. and Tilray Brands Inc. stocks made more modest moves on Wednesday after a huge rally in the previous session on plans by the Biden administration to reclassify pot as less dangerou...

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15 days ago - Market Watch

Widmer Brothers Brewing Launches New Hefe Variety Pack With Revamped Versions of the Original American Hefeweizen

The new Hefe Variety Pack is a Widmer brand expansion, including the brewery's flagship Hefe along with Imperial Hefe, Widberry Hefe, and Apricot Hefe.

15 days ago - GlobeNewsWire

Here's the risk for buying TLRY, CGC, MSOS, and SNDL stocks

Cannabis stocks have gone parabolic. Tilray Brands (TLRY) stock jumped by over 39% on Tuesday while Canopy Growth (CGC) soared by over 78%.

Other symbols: CGCMSOSSNDL
15 days ago - Invezz

U.S. poised to ease restrictions on marijuana in historic shift, though it'll remain controlled substance

WASHINGTON — The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press has learned, a historic shift to generations of American drug pol...

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16 days ago - Market Watch

US plans to reclassify cannabis as less dangerous drug

The US is planning to reclassify cannabis as a less dangerous drug in an historic shift that could have a significant impact across the country.

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16 days ago - Skynews

Pot Stocks Rally as DEA Moves to Reclassify Marijuana as Less Dangerous Drug

Pot stocks rally as the DEA moves to reclassify marijuana as a less dangerous drug. Renita Young discusses this as the DEA's proposal needs to be reviewed by the White House Office of Management and B...

16 days ago - Schwab Network

DEA to Reclassify Marijuana | Daily Stock Market Wrap 4/30

The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer. On the eve of th...

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16 days ago - Bloomberg Markets and Finance

Cannabis Stocks Spike Following Reports Marijuana Will Be Reclassified As Less Dangerous Drug

Cannabis company stocks skyrocketed Tuesday following multiple reports marijuana will be reclassified to a less dangerous drug schedule, which could broaden the substance's medical usage and cut down ...

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16 days ago - Forbes

Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug

Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug.

16 days ago - Reuters

Biden administration to ease federal restrictions on marijuana

CNBC's Brandon Gomez joins 'Power Lunch' to discuss the Biden administration's plan to reclassify marijuana, easing federal restrictions.

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16 days ago - CNBC Television

US drug enforcers to ease restrictions on cannabis, AP reports

The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press reported on Tuesday, citing five people familiar with the matter.

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16 days ago - Reuters

Cannabis stocks rally as AP reports imminent rescheduling proposal by DEA

Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose the lowering of cannabis to a Schedule III controlled ...

16 days ago - Market Watch

Breckenridge Brewery Introduces New West Coast Style IPA ‘Ridge Runner'

Breckenridge Brewery Launches New Ridge Runner IPA inspired by the untamed beauty of Colorado's trails and adventurous outdoor lifestyle behind the brand.

17 days ago - GlobeNewsWire

Tilray Brands Celebrates Big Wins at the Craft Brewer's Conference and 2024 World Beer Cup, the Most Prestigious Beer Competition in the World

10 Barrel Brewing Wins Innovation in Craft Brewing Award and Sweeps German-Style Sour Ale Category with Gold, Silver, and Bronze Medals Green Flash Brewing Wins Bronze in Juicy or Hazy Pale Ale Catego...

21 days ago - GlobeNewsWire

Sweetwater Brewing Unveils Modern Rebrand

ATLANTA, April 25, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc., (NASDA...

21 days ago - GlobeNewsWire