Reported about 2 months ago
Tilray Brands, trading at around $2, is a penny stock that many investors might consider due to its position in the cannabis industry. However, the company has faced significant challenges since Canada's legalization of recreational cannabis, failing to achieve consistent revenue growth and profitability. It is now diversifying into beverages but accumulating goodwill on its balance sheet raises concerns about future performance. Overall, Tilray appears to be an unattractive investment with uncertain prospects.
Source: YAHOO