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Stock impact report

Tilray anticipates $150M global medical cannabis revenue run rate as international expansion accelerates [Seeking Alpha]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
CEO Irwin Simon reported, "We delivered a strong second quarter marked by record results and a beat against analyst expectations in the face of strong headwinds. We recorded our highest ever Quick Insights Record Q2 net revenue was fueled by strong international cannabis sales, improved margins, growth in distribution, and contributions from the beverage segment despite industry headwinds. Tilray has prepared for U.S. federal cannabis rescheduling, with readiness to expand based on its THC beverage leadership, and is focused on medical cannabis expansion in Germany and broader Europe. Risks include ongoing U.S. regulatory uncertainty in hemp-derived THC beverages, international price compression (notably in Germany), permit challenges, and Canadian regulatory competitiveness concerns. Recommended For You More Trending News Show less Read more
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