Reported 1 day ago
The recent election results have left Tilray Brands, a major player in the cannabis market, in a precarious position. With several states rejecting measures for cannabis legalization, and a Republican-led government less likely to support federal legalization, Tilray's hopes of thriving in a profitable U.S. market have diminished. Despite some success in international markets, investors might want to steer clear of Tilray as its future looks uncertain and its financial results are unlikely to improve anytime soon.
Source: YAHOO