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Tilray Stock Has Shown Lots of Progress, but the Valuation Is Frothy - Vimarsana News

Tilray Stock Has Shown Lots of Progress, but the Valuation Is Frothy

Tilray Stock Has Shown Lots of Progress, but the Valuation Is Frothy InvestorPlace 2/22/2021 Ahead of its earnings report, Tilray (NASDAQ: TLRY) came under some pressure. Note that TLRY stock fell about 9% or so. Then again, many other cannabis stocks fell as well. © Provided by InvestorPlace marijuana stocks Hand gently holding rich soil for his marijuana plants But volatility is nothing new for Tilray. For the most part, Wall Street liked the performance for the quarter. Revenues rose by 20.5% to $56.6 million, which compared to the Street consensus of $56 million. The company’s bot...

Source: msn.com
Tilray, Inc. (TLRY) Q4 2020 Earnings Call Transcript - Vimarsana News

Tilray, Inc. (TLRY) Q4 2020 Earnings Call Transcript

Tilray, Inc. (TLRY) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Tilray, Inc. (NASDAQ: TLRY) Thank you. You may begin, sir. Raphael Gross -- Investor Relations Good afternoon and thank you for joining us on Tilray's 2020 full fiscal year and fourth-quarter earnings conference call and Webcast. On with me today are Brendan Kennedy, chief executive officer; and Michael Kruteck, chief financial officer. Before we begin, please remember that during the course of our discussion, management may make forward-...

Source: msn.com
Financial News Media | Cannabis Delivery Services Have Seen Skyrocketing Demand During The Pandemic - Vimarsana News

Financial News Media | Cannabis Delivery Services Have Seen Skyrocketing Demand During The Pandemic

article on CBS San Francisco, UBER announced that it is acquiring alcohol delivery startup Drizly for $1.1 billion in stock and cash. The deal, will result in Drizly being integrated into Uber’s food delivery app while also remaining a standalone app.  Drizly was founded in 2012, inspired by what the company’s site describes as a “simple text” between two friends: “Why can’t you get alcohol delivered?” It now partners with thousands of retailers in more than 1,400 US cities to sell alcohol through its platform to be delivered in under an hour.  “Wherever you want to go a...

Cannabis Delivery Services Have Seen Skyrocketing Demand During The Pandemic - Vimarsana News

Cannabis Delivery Services Have Seen Skyrocketing Demand During The Pandemic

Cannabis Delivery Services Have Seen Skyrocketing Demand During The Pandemic Financialnewsmedia.com News Commentary PALM BEACH, Fla., Feb. 9, 2021 /PRNewswire/ -- UBER was invented to 'deliver' people from "A" to "B". Now it's future is delivering alcohol. Recently, according to an article on CBS San Francisco, UBER announced that it is acquiring alcohol delivery startup Drizly for $1.1 billion in stock and cash. The deal, will result in Drizly being integrated into Uber's food delivery app while also remaining a standalone app. Drizly was founded in 2012, inspired by what the company's site...

Tilray® Exports First Shipment of Medical Cannabis to Spain - Vimarsana News

Tilray® Exports First Shipment of Medical Cannabis to Spain

Press release content from Business Wire. The AP news staff was not involved in its creation. Tilray® Exports First Shipment of Medical Cannabis to Spain February 4, 2021 GMT NANAIMO, British Columbia--(BUSINESS WIRE)--Feb 4, 2021-- Tilray, Inc. (NASDAQ: TLRY), a global pioneer in cannabis research, cultivation, production, and distribution, today announced it has agreed with Worldpharma Biotech (“Worldpharma”), through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda. (“Tilray Portugal”), to export Good Manufacturing Processes (GMP) certified medical cannabis from Portugal...

Source: apnews.com