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Cronos Group shares are trading lower by 3.3% during Tuesday's session. Shares of cannabis stocks are trading lower in sympathy with Tilray.

Tilray Brands reported on Tuesday financial results for its third quarter ended Feb. 29, 2024, revealing $188.3 million in net revenue, representing a 30% year-over-year increase. The Canadian medical cannabis company said beverage-alcohol net revenue increased 165% over the same period to $54.7 million. Global cannabis net revenue was up 33% year-over-year reaching $63.4 million, with international cannabis growth of 44% over the prior year quarter. "We made several notable achievements during the third quarter, including growing revenue across our core business segments, increasing ...

Tilray (NASDAQ:TLRY – Free Report) had its price target lifted by Alliance Global Partners from $2.25 to $2.75 in a research note published on Friday morning, Marketbeat.com reports. The brokerage currently has a neutral rating on the stock. Tilray Price Performance Shares of TLRY opened at $2.60 on Friday. The firm has a market capitalization […]

Tilray Inc (NASDAQ:TLRY – Get Free Report)’s share price fell 4.9% during trading on Friday . The company traded as low as $2.50 and last traded at $2.55. 17,833,202 shares were traded during mid-day trading, a decline of 36% from the average session volume of 27,662,018 shares. The stock had previously closed at $2.68. Analyst […]

Tilray Inc (NASDAQ:TLRY – Get Free Report)’s stock price was down 4.9% during mid-day trading on Friday . The stock traded as low as $2.50 and last traded at $2.55. Approximately 17,833,202 shares traded hands during trading, a decline of 36% from the average daily volume of 27,662,018 shares. The stock had previously closed at […]