3 Reasons Tilray Brands Investors Shouldn't Assume U.S. Marijuana Legalization Would Fix the Stock's Problems [Yahoo! Finance]
Tilray Brands, Inc. (TLRY)
Last tilray brands, inc. earnings: 3/2 04:05 pm
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Source: Yahoo! Finance
It would open up a large market for the cannabis company, one that could help it drastically improve its revenue growth. But that doesn't mean it would transform the risky business into a safe one. Here are three reasons marijuana legalization in the U.S. won't solve Tilray's problems. 1. The company's cash burn may intensify Tilray has been posting adjusted earnings numbers, but what's much more important for cannabis investors to consider is the rate of cash burn. If a company is using up a lot of cash over the course of its operations, then there's a risk that it will need to issue shares, and thus dilute its existing shareholders and put downward pressure on the stock price. During the latest 12 month period, Tilray burned through $18 million in cash from its day-to-day operating activities. This doesn't yet factor in how much it spends on capital expenditures and growth-related activities. Expanding into a hotly contested U.S. market would likely require greater expenditu
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News
- 10 Barrel Brewing Introduces Pub Cerveza: a New Twist on ‘Cheap Fun.' Series [Yahoo! Finance]Yahoo! Finance
- 10 Barrel Brewing Introduces Pub Cerveza: a New Twist on ‘Cheap Fun.’ SeriesGlobeNewswire
- Tilray Brands Launches XMG Zero, a New 'Better for You' Cannabis Beverage [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Tilray Brands Launches XMG Zero, a New ‘Better for You’ Cannabis BeverageGlobeNewswire
- Why Cannabis Stocks Popped Up to 80% on Tuesday [Yahoo! Finance Canada]Yahoo! Finance Canada
TLRY
Earnings
- 4/9/24 - Beat
TLRY
Analyst Actions
- 4/10/24 - CIBC
TLRY
Sec Filings
- 5/1/24 - Form 8-K
- 5/1/24 - Form 424B7
- 4/9/24 - Form 10-Q
- TLRY's page on the SEC website