What’s Going On With Marijuana-Grower Tilray’s Stock?
Tilray Brands, Inc. (NASDAQ:TLRY) shares are trending Wednesday, and the stock has gained more than 45% over the past month. Here’s a look at what’s going on.
The Details:
Cannabis stocks have rallied recently amid legalization in Germany and renewed optimism on the possible rescheduling of marijuana in the United States.
Florida’s Supreme Court ruled on Monday to allow an initiative that would legalize recreational marijuana to appear on the state’s ballot in November. If approved by 60% of voters, it would legalize recreational, adult-use marijuana in the state.
The Tilray Medical division announced a new Tilray-led scientific publication, “Age-related Patterns of Medical Cannabis Use: A Survey of Authorized Patients in Canada,” on Wednesday. Tilray highlighted that 53.8% of medical cannabis patients in the …