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-0.00415512465373965 -0.00137119113573407 0 -0.00552631578947372 -0.0138504155124654 -0.0235457063711911 -0.0360110803324101 -0.0249307479224378
Stock impact report

Tilray's Epic Collapse Is Not Over [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
SummaryA high level of debt and cash burn places Tilray's future at risk.The company will be heavily dependent on dilutive equity raises to secure a future.The collapse is likely not over.Tilray (TLRY$10 millionmeteoric surgeSourceBut like a heavy rock thrown into the air which at a moment in time will look as though it can reach the sun, Tilray's rise was only going to be sustainable on the back of extremely strong financials.The company gradually collapsed, falling by over 95% from its peak. This decline was set against a broad deflation in the valuations across the sector as previously fervent sentiment turned tepid on the back of continually poor financials.Tilray now sports a market capitalization of $750 million, a small fraction of its glory days. Could the stock reascend to reach its previous high? Unlikely. The company's quarter-over-quarter financials have remained poor and the conditions that catalysed its previous ascent cannot be repeated.Further, the broader sector is un Show less Read more
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