Tilray stock forecast

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Tilray stock forecast

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Tilray Brands, Inc. The company was founded on January 24, and is headquartered in Leamington, Canada. This browser is no longer supported at MarketWatch. For the best MarketWatch. Market Data. Latest News All Times Eastern scroll up scroll down.

Celebrations may be in order for Tilray Brands, Inc. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. We can see there's definitely been a change in sentiment in this update, with the analysts administering a sizeable upgrade to this year's revenue estimates, while at the same time reducing their loss estimates. View our latest analysis for Tilray Brands. Of course, another way to look at these forecasts is to place them into context against the industry itself. Compare this with other companies in the same industry, which are forecast to grow their revenue 7. Factoring in the forecast acceleration in revenue, it's pretty clear that Tilray Brands is expected to grow much faster than its industry.

Tilray stock forecast

As a global leader in the legalized medical and adult-use cannabis markets and a market leader in medical cannabis across Europe, with a leading market share in Germany, Tilray is bullish on the positive paradigm shift that the new German drug policy creates for the future of cannabis in Europe. Irwin D. Our presence in Europe allows Tilray to grow our brands globally from a base of over million people in Europe, which is twice the population of the U. The public perception regarding the new cannabis reforms in Germany is mainly centered around cultivation for personal use and the establishment of cannabis social clubs. However, what is of greater importance for Tilray are the new opportunities, which flow from the new German Medical Cannabis Act. One fundamental change is the removal of cannabis from the list of prohibited substances in the Narcotics Act.

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Tilray Brands, Inc. The company was founded on January 24, and is headquartered in Leamington, Canada. This browser is no longer supported at MarketWatch.

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