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Tilray stock faces challenges despite potential Trump 2.0 cannabis legalization

Summary by Invezz

Tilray Inc (NASDAQ: TLRY) chief executive Irwin Simon expects the recreational use of cannabis to be legalised on a federal level under Donald Trump as the President of the United States. In other words, he expects legalisation to occur over the next four years. Simon made that prediction in a recent interview with Fox Business. But even if the President-elect moves in that direction, there’s reason to believe that Tilray stock may continue to …

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Tilray stock faces challenges despite potential Trump 2.0 cannabis legalization

Tilray Inc (NASDAQ: TLRY) chief executive Irwin Simon expects the recreational use of cannabis to be legalised on a federal level under Donald Trump as the President of the United States. In other words, he expects legalisation to occur over the next four years. Simon made that prediction in a recent interview with Fox Business. But even if the President-elect moves in that direction, there’s reason to believe that Tilray stock may continue to …

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Invezz broke the news in 2 months ago on Monday, December 23, 2024.

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