TLRY: Tilray Brands, Inc.
About
Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company, which focuses on medical cannabis research and the cultivation, processing, and distribution of cannabis products worldwide. It operates through the followings segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. The Cannabis Business segment focuses on cultivation, production, distribution, and sale of both medical and adult-use cannabis products. The Distribution Business segment is involved in purchase, resale, and distribution of pharmaceutical and wellness products. The Beverage Alcohol Business segment refers to the production, marketing, and sale of beverages. The Wellness Business segment represents the production, marketing, and distribution of hemp-based food and other wellness products. The company was founded on January 24, 2018 and is headquartered in Leamington, Canada.
Current Value
$1.311 Year Return
Current Value
$1.311 Year Return
Key Details
Market Cap
$1.18B
P/E Ratio
-4.77
1Y Stock Return
-26.40%
1Y Revenue Growth
24.76%
Dividend Yield
0.00%
Price to Book
0.3
Strategies that include TLRY
Stock's related to TLRY
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| UUU | -0.01% | $4.97M | -41.89% | 0.00% |
| BLX | -0.02% | $1.23B | +34.57% | 5.98% |
| WMT | 0.05% | $696.11B | +66.69% | 1.38% |
| LRN | -0.07% | $4.43B | +74.97% | 0.00% |
| PGR | -0.08% | $149.10B | +57.29% | 0.45% |
| RAMP | -0.11% | $1.86B | -16.17% | 0.00% |
| RDY | 0.12% | $11.97B | +5.10% | 3.31% |
| CASI | -0.13% | $71.56M | -6.32% | 0.00% |
| OBDE | -0.15% | $1.82B | -2.27% | 4.76% |
| X | 0.15% | $8.76B | +13.32% | 0.51% |
| SRPT | -0.15% | $10.18B | +26.81% | 0.00% |
| GSK | 0.19% | $68.24B | -5.43% | 4.71% |
| TRN | 0.19% | $3.12B | +54.58% | 2.95% |
| SRRK | -0.20% | $2.61B | +134.91% | 0.00% |
| BBVA | -0.23% | $56.78B | +9.42% | 7.49% |
| CLF | -0.23% | $5.65B | -32.27% | 0.00% |
| COUR | 0.23% | $1.08B | -64.26% | 0.00% |
| WLKP | 0.26% | $796.39M | +4.00% | 8.34% |
| CLLS | 0.26% | $141.30M | -30.99% | 0.00% |
| AMBC | 0.27% | $584.50M | -17.09% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CTMX | -18.88% | $69.86M | -31.59% | 0.00% |
| CHGG | -13.55% | $175.24M | -83.42% | 0.00% |
| ATEN | -13.25% | $1.21B | +34.32% | 1.46% |
| VRSK | -12.41% | $39.77B | +17.45% | 0.53% |
| TAP | -11.69% | $12.53B | +2.00% | 2.85% |
| ADBE | -11.21% | $219.93B | -18.23% | 0.00% |
| SRDX | -10.82% | $559.12M | +15.64% | 0.00% |
| MFIN | -10.59% | - | - | 4.31% |
| TEM | -10.42% | $8.50B | 0.00% | 0.00% |
| HUSA | -10.17% | $16.69M | -11.56% | 0.00% |
| LOPE | -10.14% | $4.70B | +18.15% | 0.00% |
| RNR | -10.01% | $13.74B | +23.09% | 0.58% |
| VRSN | -9.79% | $17.13B | -16.16% | 0.00% |
| CECO | -9.40% | $1.04B | +48.90% | 0.00% |
| BTU | -9.03% | $3.23B | +14.05% | 1.13% |
| RDDT | -8.91% | $24.08B | +303.41% | 0.00% |
| ARCH | -8.91% | $3.03B | +7.87% | 1.26% |
| ADP | -8.74% | $121.23B | +28.69% | 1.89% |
| AMCR | -8.69% | $14.29B | +7.03% | 4.94% |
| MSI | -8.39% | $81.46B | +52.34% | 0.80% |
ETF's related to TLRY
News
Yahoo
It was almost four years ago that Tilray Brands (NASDAQ: TLRY) announced that it would be merging with low-cost cannabis producer Aphria to create a larger, more dynamic, and global marijuana company. At the time, it was an exciting prospect for investors, creating what might end up becoming the best cannabis stock to own. It might still be a small part of its business, but I predict that Tilray won't be known as a marijuana company for much longer.
Yahoo
Over the last 7 days, the United States market has dropped by 1.2%, yet it has risen by an impressive 30% over the past year, with earnings forecasted to grow by 15% annually. In this dynamic environment, identifying stocks that are perceived as undervalued and have insider buying can be a promising strategy for investors looking to capitalize on potential growth opportunities.
Yahoo
Looking back on beverages, alcohol and tobacco stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Tilray Brands (NASDAQ:TLRY) and its peers.
Yahoo
After TLRY hits a 52-week low, we assess whether the current level warrants an opportunity to accumulate shares, hold positions or book profits.
Yahoo
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Celsius (NASDAQ:CELH) and the best and worst performers in the beverages, alcohol and tobacco industry.
Yahoo
Key Takeaways; Cannabis Sector Tilray launched first commercial cannabis flower grown in Germany Ayr Wellness missed Q3 estimates amid rising competition and consumer pressure SNDL announced the renewal of the CA$100 million share repurchase program Ascend Wellness is focusing on cost savings measures amid mounting losses in Q3 2024 Key Takeaways; Psychedelic Sector GH Research […]
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.