Tilray Stock Pops as Germany Grants It a Cultivation Green Light
TLRYTilray(TLRY) Investor Place·2024-07-22 21:55

Tilray Brands (NASDAQ:TLRY) stock jumped almost 3% early on July 22 after it got good news from Germany. The marijuana and beer company received a cultivation license from German authorities. They were acting under a new Cannabis Act that legalized possession. TLRY stock opened at $1.83 per share this morning, and its market capitalization rose to over $1.5 billion. The stock has slid a bit since opening and is down to just about 1.4% up as of this writing. Pot and Beer Tilray is down 22% in 2024 as it cont ...