Is Tilray Stock a Buy?
Canadian weed giant Tilray (NASDAQ: TLRY) was on a tear for much of 2020. Despite the stock market woes of the past week, its shares have gone up nearly 60% over the past 12 months, making it one of the top performers in the industry benchmark Horizons Marijuana Life Sciences Index ETF, which returned 46% over the same period.
Investors have a lot to be thrilled about with Tilray, the most promising of which is its substantial international presence, which will become a game-changer as more countries legalize the recreational and medical use of cannabis. Let's investigate how Tilray can capitalize on marijuana's entry to the mainstream.
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Source Fool.com
