Tag: Investing
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Tilray Brands stock tumbles as third-quarter loss tops $700M
Tilray Brands (NASDAQ: TLRY) reported third-quarter fiscal 2025 financial results Tuesday showing reduced cannabis sales and lowered forecasts, triggering a swift investor reaction. Shares were down 6.56% to $0.54 in morning trading as investors responded to both the significant losses and downward revisions to future revenue projections. Cannabis sales declined …
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Green rush turns brown for some cannabis companies
Cannabis is not an industry for the timid. The plant remains federally illegal, with little movement toward change. Banking continues to be an issue, and legislative relief seems to be a low priority. Businesses can’t claim standard tax deductions, and rules vary wildly from state to state. And don’t forget plunging… …
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Massachusetts social equity advocates lobby against loosening cannabis licensing rules
The Massachusetts cannabis industry has continued to grow in recent years, and social equity advocates want to rein in state lawmakers who want to let regulators issue even more business permits. The goal is to protect the market share of small cannabis companies that have yet to really find their… …