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tilray News

Tilray Q4 sales double, with net loss of $31 million

Tilray Inc. shares traded higher Monday after the Canadian cannabis group posted a wider-than-expected fourth quarter loss, but with the caveat that sales nearly tripled in a growing global market for medical marijuana.

Cannabis stocks rally ahead of Tilray earnings report

Stock in Tilray the Canadian pot company now sits finely poised between earnings due on today after the bell and a shortage of stock to short.

Tilray earnings - Time to prove it can actually sell some pot

Two of the three biggest Canadian marijuana producers by market cap have already reported their financial results from the quarter ended Dec. 31, 2018. Aurora Cannabis and Canopy Growth both delivered impressive revenue growth. But what about Tilray?

Tilray acquires Manitoba Harvest in deal worth over $300 million

Tilray Inc. stock was up 4.5 percent after the company announced a $317 million cash-and-stock deal for Manitoba Harvest, a company that claims to be the world’s biggest hemp food maker.

Tilray signs deal to market and distribute consumer pot products

Tilray has agreed to pay Authentic Brands Group (ABG) $100 million initially to create and distribute consumer cannabis products as the retailer's preferred supplier, the companies announced Tuesday.

Canopy Growth and Tilray embark on cannabis studies on seniors

Ontario - The elderly suffer from a range of ailments - from arthritis pain to sleep disorders, while many also take medications for other illnesses. The use of medicinal cannabis in the elderly is now getting some attention through two new studies in Canada.

Marijuana stocks plunge after Canopy Growth, Tilray report losses

Shares of two of Canada's top cannabis producers, Canopy Growth and Tilray, took a hit in early market trading on Wednesday after posting quarterly net losses.

Aurora Cannabis plans NYSE listing by end of the month

Aurora Cannabis announced today that it has applied for a listing on the New York Stock Exchange. If approved, the company expects to be trading on the NYSE by the end of the month.

Tilray stock rise — 'No basis in reality for these valuations'

Nanaimo - After Canadian cannabis company Tilray announced on Tuesday the company had gotten approval to export a cannabis pill to California for a clinical trial, Wall Street went crazy - forcing Nasdaq to shut down trading in the company five times.

Canadian pot producer Tilray sees stocks soar 40 percent

Nanaimo - Canadian cannabis producer Tilray is soaring ahead of Wednesday's opening bell after CEO Brendan Kennedy laid out his company's growth prospects on CNBC's "Mad Money."

Marijuana firm gets big investment from Silicon Valley fund

San Francisco - A $2 billion fund run by a team of Silicon Valley superstars is getting into the the lucrative marijuana business with a multi-million dollar investment in a Seattle private equity firm focused on cannabis products and services.
 

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