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Stock impact report

If You'd Invested $1,000 in Tilray Stock 6 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In November 2018, Canada was mere weeks into its first phase of legalization . Investors piled into the nation's pot companies, perhaps envisioning a domino effect in which other countries would sanction the drug, one after another. That still hasn't happened to any great degree. Meanwhile, the domestic market has a set of problems to contend with. To be blunt, an investment made in Tilray wouldn't amount to much these days. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » That's putting it mildly. A $1,000 Tilray bet made in late November 2018 on the company's U.S.-listed stock would have shriveled to a mere at the same point in 2024. That's a decline of almost 99%, akin to burning nearly an entire pile of money. The Canadian pot industry has struggled, at times mightily, since its inception. Many companies, large and small, sprang to life around the time of legalization in a country that isn't all that populous rela Show less Read more
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