Is Tilray Brands Stock a Buy?
Tilray Brands (NASDAQ: TLRY) shares still aren't delivering on what investors may have hoped for, falling by 25% during the past 12 months. But, with a few catalysts in play, and with more operational improvements, anything is possible, and hope springs eternal.
So, is this stock worth investing in today, or is it better to save your capital for another opportunity?
Tilray isn't the same company it was a couple of years ago, when its primary focus was on developing itself into a multinational vertically integrated cannabis operator. Since then, it's made a handful of major acquisitions in the alcohol industry in North America, and its collection of consumer brands is now also diversified into wellness products, some of which are derived from hemp.
Source Fool.com
