Cannabis stocks are in focus today, with most of the action centered around U.S.-based multi-state operators (MSOs) after reports suggested that President-elect Donald Trump may look to deschedule marijuana as part of a broader deregulation agenda.
Tilray Brands (TLRY) also closed higher, with the global distributor and medical cannabis pioneer rising more than 5% on the day.
About Tilray Brands Stock
Valued at $1.26 billion by market cap and listed in both New York and Toronto, Tilray Brands (TLRY) is a lifestyle consumer goods company that focuses on the research, production, cultivation, and distribution of medical and recreational cannabis-related products. It operates through four different segments: Cannabis, Beverage Alcohol, Wellness, and Distribution. It markets its products under the brands Shock Top, Aphria, CC Pharma, Breckenridge Distillery, and many more.
TLRY has global reach, primarily as a medical and recreational…
