Stock Market Today, Dec. 18: Tilray Brands Jumps After Trump Order Spurs Cannabis Rescheduling [Yahoo! Finance]
Tilray Brands, Inc. - Class 2 (TLRY)
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm
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Source: Yahoo! Finance
Trading volume reached 66.7 million shares, coming in 514% above its three-month average of 10.9 million shares. Thursday's session saw cannabis names reacting to a Trump executive order reclassifying marijuana, and investors are watching how the U.S. cannabis industry will evolve. The S&P 500 (SNPINDEX:^GSPC) gained 0.79% to finish at 6,774, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 1.38% to close at 23,006. Industry peers Canopy Growth fell 12% and Cronos Group slipped 2%, underscoring how the policy change may have already been priced into the market. With rumors previously circulating about a possible cannabis reclassification, Tilray's stock had already spiked over 50% in the last couple of weeks. Today's announcement finally showed this notion to be true, as President Trump reclassified cannabis from a Schedule I to a Schedule III drug. However, after its share price initially rose today, Tilray's stock ended up declining quickly and was down 4% overall. Ultimate
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News
- Cannabis Investing In The Trump Era [Seeking Alpha]Seeking Alpha
- Trump signs executive order easing federal restrictions on marijuana [Yahoo! Finance]Yahoo! Finance
- Tilray Brands, Inc. (TLRY): A Bear Case Theory [Yahoo! Finance]Yahoo! Finance
- Cloud lifts over cannabis companies' future amid push to reclassify the drug [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Cloud lifts over cannabis companies' future amid push to reclassify the drug [Yahoo! Finance Canada]Yahoo! Finance Canada
TLRY
Earnings
- 10/9/25 - Beat
TLRY
Sec Filings
- 11/26/25 - Form 8-K
- 11/19/25 - Form 8-K
- 11/17/25 - Form 8-K
- TLRY's page on the SEC website