Tilray Brands posts record Q2 revenue of $217.5M, beats sales estimates, reaffirms EBITDA outlook as international cannabis and distribution offset beverage weakness.
Tilray Brands, Inc. (TLRY) Q2 2026 Earnings Call Transcript
TLRY's faces margin pressure in cannabis and beverages, but management sees a beverage turnaround and wellness strength cushioning quarterly results.
In the most recent trading session, Tilray Brands, Inc. (TLRY) closed at $10.42, indicating a -6.63% shift from the previous trading day.
In the latest trading session, Tilray Brands, Inc. (TLRY) closed at $10.93, marking a -10.04% move from the previous day.
Tilray Brands, Inc. (TLRY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TLRY crossed above the 20-day moving average, suggesting a short-term bullish trend.
Tilray Brands, Inc. (TLRY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TLRY crossed above the 200-day moving average, suggesting a long-term bullish trend.
TLRY surges 44.1% on reports that Trump may reclassify marijuana, sparking hopes for eased federal rules and renewed investor enthusiasm.
President Trump is reportedly considering an executive order on marijuana reclassification. The order could come as early as Monday.
Tilray's stock, and shares of other cannabis companies, soared after reports provided investors hope that President Trump would move to have marijuana reclassified as a much less dangerous drug than it is now.
Tilray Brands Inc (NASDAQ:TLRY) stock is soaring today, after the Washington Post reported that U.S. President Donald Trump plans to reclassify marijuana and dramatically loosen restrictions.