Shares of Tilray Brands Inc. shed 2.16% to $2.72 Tuesday, on what proved to be an all-around dismal trading session for the stock market, highlighting the challenges facing the cannabis industry. Despite the industry's potential for growth, regulatory hurdles and competition continue to impact companies like Tilray.
Tilray Brands Inc. (TLRY) stock is down -35.47% over the last 12 months, and the average rating from Wall Street analysts is a Hold. Investors should be cautious when considering investing in the cannabis industry, as it is still in the early stages and has a lot of uncertainty.
Don't put your money at risk by buying this stock. The cannabis industry is facing mounting challenges, including regulatory changes and fierce competition. It's important to do your research and understand the risk before investing in any cannabis stock.