Here is the new 12-month forecast for Tilray Inc($TLRY)

Market Data

TLRY is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about TLRY. We will be studying the movement so you can make the best decision as an investor. The stock has moved $1.21 from yesterday’s closing price of $20.22. The high for today is $23.04 and the low for today is $20.43. Let’s learn more about the company and then get into the forecast.

Company Description

Tilray, Inc. engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids. The Company is focused on medical cannabis research, cultivation, processing and distribution of cannabis products worldwide. Its products include dried cannabis and cannabis extracts. It operates through the following segments: Cannabis and Hemp. The Cannabis segment sales consists of adult-use, medical and bulk sales of cannabis under regulated licenses and sold to retail, wholesale, pharmacy, government, and direct to patient. The Hemp segment sales consist of hemp seed, hemp foods, board spectrum hemp extract containing CBD which are sold in an unlicensed operation and sold to retail, wholesale and direct to consumers. The company was founded on January 24, 2018 and is headquartered in Nanaimo, Canada.

Stock Forecast

As an investor, you can get an idea of where the stock is trending by the forecast. In this case, TLRY is projected to have a price of $30.6 in one year which is a 142.790480634624% change. They have a strong market cap of $8410.581 and a very bright future ahead of them. Make sure to subscribe to our newsletter to never miss an update!

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