TLRY Tilray Brands, Inc. : Bullish and Bearish Analyst Opinions

Sentiment & Price 2 ideas • 2 voices • 1 sources
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22:13
Apr 22
Irwin Simon Chairman and CEO, Tilray Bloomberg Markets
Cannabis reclassification bullish for Tilray.
The Department of Justice is expected to reclassify cannabis to a less dangerous category, which would legitimize the industry, ease banking restrictions, and allow Tilray to bring its existing infrastructure, brands, and research to the U.S. market, potentially within six months, benefiting patients and the company's growth.
TLRY
HIGH
19:38
Apr 22
Nathan Dean Senior US Policy Analyst, Bloomberg Intelligence Bloomberg Markets
Marijuana reclassification lowers taxes, spurs M&A.
The reclassification of marijuana to Schedule III will lower effective tax rates for U.S. cannabis companies from 41% to about 10%, spurring merger and acquisition activity in the sector, although it does not provide banking access or federal legalization.
TLRY
HIGH

About TLRY Analyst Coverage

Buzzberg tracks TLRY (Tilray Brands, Inc.) across 1 sources. 2 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (100%). 2 total trade ideas tracked.