Tilray Has Already Done The Hard Part

Industry Overview - Cannabis stocks have experienced significant declines over the past few years due to factors such as legalization and intense competition, which have negatively impacted profit margins [1] Market Dynamics - The initial excitement surrounding cannabis legalization, referred to as the 'Green Rush,' has not translated into sustained financial success for many companies in the sector [1] Competitive Landscape - The fierce competition within the cannabis industry has contributed to the erosion of margins, making it challenging for companies to maintain profitability [1]