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Do You Own These Cannabis Stocks?

Tilray
Tilray

Canada-based Tilray Inc. (TLRY) is involved in medical cannabis research, cultivation, processing and distribution.

The Company’s shares are listed on the Nasdaq under symbol “TLRY”.

In February of this year, Tilray acquired Manitoba Harvest, the world’s largest hemp food company in a deal, valued at up to US$317 million.

For the fourth quarter ended December 31, 2018, revenue increased to US$15.53 million from US$5.11 million in the year-ago period.

The Company is slated to report results for the first quarter ended March 31, 2019, on May 14, 2019, after market close.

Based on yesterday’s (Apr.29, 2019) closing price of $52.73, TLRY is down nearly 25% year-to-date on the NASDAQ.

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