The Canopy Growth earnings report beat views with Tilray due late Monday. Canopy Growth, Tilray and other marijuana stocks rose. READ MORE: https://finance.yahoo.com/m/4a58d509-521d-3af7-8fa4-22d52e730520/world%26%2339%3Bs-biggest-marijuana.html?.tsrc=rss
The Canopy Growth earnings report beat views with Tilray due late Monday. Canopy Growth, Tilray and other marijuana stocks rose. READ MORE: https://finance.yahoo.com/m/4a58d509-521d-3af7-8fa4-22d52e730520/marijuana-stocks:-canopy.html?.tsrc=rss
NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis production, research, cultivation and distribution, announced today it will report results for the second quarter ended June 30, 2020 on Monday, August 10, 2020 after market close. The Company will host a conference call to discuss these results at 5:00 p.m. ET. Investors interested…
GLJ Research founder Gordon Johnson joined Benzinga’s PreMarket Prep show on June 23. During the discussion, Johnson weighed in on Canadian cannabis stocks, which have made a major comeback since the market bottom in March.Johnson said the best data on the Canadian cannabis market is from Stats Canada, and recent trends are not encouraging.”In March, Canadian cannabis sales skyrocketed. What…
Canadian cannabis company Tilray has been hit by yet another lawsuit, this time over the alleged misleading of shareholders and insider trading. According to Marijuana Business Daily, the new lawsuit was filed by Tilray shareholder Lee Morgan on June 5 in the U.S. District Court for the District of Delaware. The lawsuit, which targets Tilray’s CEO Brandon Kennedy, former Chief…
A pair of marijuana stocks, Tilray (NASDAQ: TLRY) and OrganiGram Holdings (NASDAQ: OGI), both dropped notably in price on Friday (by 5.2% and 7%, respectively). The culprit seems to be another weed title, Canopy Growth (NYSE: CGC), which earlier in the day published an awful quarterly earnings release. Canopy Growth is a leading company in the sector. READ MORE: https://finance.yahoo.com/m/dc06ab48-d46b-3c4d-9c00-c6081a6b535b/why-tilray-and-organigram.html?.tsrc=rss
Tilray® Announces Optimization Plan for Adult-Use Facilities in Canada Company to close High Park Gardens, licensed cannabis greenhouse located in Leamington, Ontario Facility closure expected to yield $7.5 million in annualized net savings as part of global cost-efficiency and restructuring measures to achieve profitability and grow revenues High Park Farms and High Park London remain […] READ MORE: https://www.newcannabisventures.com/tilray-shutters-ontario-greenhouse-purchased-for-35-million-in-2019/
Canadian cannabis company Tilray’s (NASDAQ: TLRY) CEO believes that at least 12 marijuana companies will go under this year. In March, Tilray announced that it would be raising $90.4 million through an offering, largely because the company still could. CEO Brendan Kennedy told BNN Bloomberg that he “wasn’t sure anyone was going to be able to raise any money in this industry…
The COVID-19 pandemic is likely to force at least a dozen cannabis companies to file for bankruptcy as available liquidity dries up, according to Tilray Inc.’s chief executive officer. “I’ve actually been surprised by the dozen bankruptcies that have already happened,” said Tilray CEO Brendan Kennedy in a phone interview with BNN Bloomberg. “Based on the calls that I’m getting,…
Tilray, Inc. Reports First Quarter 2020 Financial Results Quarterly Revenue Increased 126% to $52.1 Million (C$70.7 Million) Compared to the First Quarter of 2019 and 11% Sequentially from the Fourth Quarter of 2019 International Medical Cannabis Sales Exceeded Canada Medical Sales by 43% in the Quarter Implemented Cost Reductions Designed to Achieve Approximately $40 Million […] READ MORE: https://www.newcannabisventures.com/tilray-q1-cannabis-revenue-grows-9-sequentially-to-30-8-million/
NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, reports financial results for the first quarter ended March 31, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. “We are pleased to report strong sequential quarterly revenue growth across each of…
Tilray reported Q1 losses that were much worse than expectations as analysts warn of cascading effects on the industry. READ MORE: https://finance.yahoo.com/m/9ff99e30-084d-3eef-acc9-5e79e5a153a4/tilray-loss-misses-badly-as.html?.tsrc=rss