Cannabis shares retreat after initial rally on narrow scope of U.S. rescheduling [BNN Bloomberg (Canada)]
Tilray Brands, Inc. (TLRY)
Last tilray brands, inc. earnings: 3/2 04:05 pm
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Source: BNN Bloomberg
Cronos Group Aurora Cannabis Canopy Growth Tilray Brands slumped between six per cent and 10 per cent in afternoon trading. Shares of these companies had surged after Acting Attorney General Todd Blanche in an X post said the Department of Justice was “immediately rescheduling FDA-approved marijuana and state-licensed marijuana from Schedule I to Schedule III.” The department is also initiating an expedited hearing to consider the broader rescheduling of marijuana. But industry participants said the move stops short of a sweeping reclassification. The order applies specifically to FDA-approved cannabis drugs and products operating under state medical marijuana frameworks, rather than the broader market, creating uneven benefits across the sector, FundCanna CEO Adam Stettner said. Medical operators could see clearer federal alignment and potential tax relief, he said, while companies focused on adult-use markets remain subject to existing restrictions, including limited access
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News
- Canadian pot stocks rally after U.S. loosens marijuana restrictions [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Pot firms rally after U.S. reclassifies marijuana as less dangerous drug [BNN Bloomberg (Canada)]BNN Bloomberg
- Pot firms rally after US reclassifies marijuana as less dangerous drug [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pot firms rally after US reclassifies marijuana as less dangerous drug [Yahoo! Finance]Yahoo! Finance
- Tilray Up 14% In US Premarket Trade As Says "Positioned" For Expansion "Amid Historic Cannabis Rescheduling" [Yahoo! Finance]Yahoo! Finance
TLRY
Earnings
- 4/1/26 - Beat
TLRY
Sec Filings
- 4/22/26 - Form 4
- 4/21/26 - Form 8-K
- 4/21/26 - Form 424B7
- TLRY's page on the SEC website