What's Going On With Tilray Brands Stock Today?

Tilray Brands Inc TLRY continues to trend higher Wednesday on increased investor optimism surrounding federal cannabis legalization. 

The House Rules Committee is scheduled to hold a hearing on the Marijuana Opportunity Reinvestment and Expungement (MORE) Act on Wednesday, which could decriminalize cannabis federally. The MORE Act is expected to be prepared for a full House vote by Friday.

Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. The company is set to announce its fiscal third-quarter financial results before the market opens on April 6.

See Also: Tilray To Report Q3 Financial Highlights On Heels Of Deal With HEXO

TLRY Price Action: Tilray has traded between $4.78 and $24.13 over a 52-week period. The stock has surged more than 50% over the last week.

Tilray shares were up 5.97% at $8.82 at time of publication, according to data from Benzinga Pro.

Benzinga Cannabis Capital Conference: Featuring live company presentations, insider panels, and unmatched access to networking, the Benzinga Cannabis Capital Conference is where cannabis executives and entrepreneurs meet. Join live in Miami at the Fontainebleau Miami Beach on April 20-21, 2022, or tune in from anywhere using Benzinga's hybrid event software.

Click here to register for the complete In-Person or Virtual Benzinga Cannabis Capital Conference experience, featuring networking, one-on-one meetings, access to investors, and more.

Photo: 7raysmarketing from Pixabay.

TLRY Logo
TLRYTilray Brands Inc
$0.44971.65%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
3.59
Growth
22.49
Quality
Not Available
Value
83.01
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:

Cannabis is evolving—don’t get left behind!

Curious about what’s next for the industry and how to stay ahead in today’s competitive market?

Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.

Secure your spot now before prices go up—this is where the biggest deals and connections happen!

Get your tickets today!

Comments
Loading...