Signal stock

Tilray Brands Stock: Pot Pops Then Drops

Today’s chart belongs to cannabis stock Tilray Brands (TLRY). When I woke up this morning, I heard the announcement that Biden would pardon those who had federal convictions for the pot and that during the extended trading hours, the pot stocks were hot. Since the Trend Spotter first signaled a sell-off on September 6, the stock has lost 23.63%.

Tilray had the highest trading volume of cannabis stocks today, and below is a 5-day price chart:

5 Day TLRY Price Chart ( )

Tilray Brands, Inc. is dedicated to the research, cultivation, production, marketing and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America and abroad. The Company operates through four segments: cannabis trading, distribution trading, liquor trading and wellness trading. It offers cannabis products for medical and adult use, including flowers, oils, vapes, edibles, and GMP-certified topicals; buys and resells pharmaceutical and wellness products; and produces, markets, sells and distributes alcoholic beverages, hemp-based foods and other wellness products. The company offers its products under the brands Tilray, Aphria, Broken Coast, Symbios, B!NGO, The Batch, P’tite Pof, Dubon, Good Supply, Solei, Chowie Wowie, Canaca, RIFF, SweetWater, Breckenridge Distillery, Alpine Beer Company , and the Green Flash brands. It sells its products to retailers, wholesalers, patients, doctors, hospitals, pharmacies, researchers and governments, as well as consumers. The company was formerly known as Tilray, Inc. Tilray Brands, Inc. is headquartered in Leamington, Canada.

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Analysts and Investor Sentiment – I’m not buying stocks because everyone else is buying them, but I realize that if big companies and investors are dumping a stock, it’s hard to make money against it. -running :