Tilray Brands lowers Q3 earnings guidance, but potential developments may alleviate shareholder concerns.
Tilray Brands, a multinational marijuana and alcohol player, recently lowered its third-quarter earnings guidance. While this may be a negative development, there are reasons to believe the company could still reach its ambitions. Despite the setback, there are important developments that could alleviate shareholders' concerns. It's not clear whether this dip is a buying opportunity, but the situation may be less bearish than it appears.
May 26, 2024
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