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-0.00201612903225802 -0.00403225806451604 0 -0.00201612903225802 0.00991935483870966 0.00604838709677424 0.0020161290322582 -0.00806451612903226
Stock impact report

Tilray: North America's Most Transformative Cannabis Company [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
Tilray ( NASDAQ: TLRY ) has always tried to stand out from its cannabis peers and its acquisition of a basket of beverage and beer brands from Anheuser-Busch ( BUD ) and Molson Coors Beverage ( TAP ) is its greatest move yet to further cement its distinction and leadership over its North American cannabis peers. The stakes are high with Canopy Growth ( CGC ) and Aurora Cannabis ( ACB ), the previous stalwarts, both facing material financial difficulty as the current global interest rate macro backdrop catalyzes a dearth of liquidity. That Tilray has been able to execute these buyouts for its beverages' portfolio against a bleak capital backdrop for cannabis companies can be interpreted as a sign of its more astute management and a balance sheet somewhat flush with cash. The industry is hurting but Tilray is only down by 16% versus a 36% decline for Aurora and an even larger 63% pullback for Canopy Growth over the last year. Critically, this outperformance is not by chance or by mis Show less Read more
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