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0.00163339382940111 -0.00172413793103449 -0.00181488203266788 0.00299455535390207 -0.0108892921960073 -0.00408348457350268 -0.0109800362976407 -0.00635208711433747
Stock impact report

Why Tilray (TLRY) Stock Is Down Today [Yahoo! Finance]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
passed a spending bill that included provisions to re-criminalize certain hemp-derived THC products. The last-minute provision effectively targeted intoxicating hemp products, such as Delta-8, that had been legalized under the 2018 Farm Bill. This development was viewed as a setback for Canadian cannabis companies like Tilray, which had considered the hemp-derived product segment a key pathway into the lucrative U.S. market. In response to the legislative change, Tilray stated that it expected “no material revenue impact” from the ban. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Tilray? Access our full analysis report here What Is The Market Telling Us Tilray's shares are extremely volatile and have had 85 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its per Show less Read more
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