The marijuana segment has huge potential. Companies may very well ride the wave of growth. But if they can wait for the time when that growth comes. The super famous name of Tilray could very well be in trouble!
Basic overview
Tilray $TLRY is a Canadian company that specializes in the production and distribution of medicinal and recreational cannabis products. Founded in 2013, the company is one of the leading marijuana companies in Canada and the United States. The company's main revenue comes from the sale of cannabis products, including the plants themselves, extracts and oils. Tilray is looking to expand into other areas such as medical products and provide research services to improve the quality and efficacy of cannabis products.
Tilray is also looking to grow its business internationally and expand into new markets. The company is currently operating in several European countries and has plans to expand into other areas. However, Tilray has been floundering a bit and is also facing…