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Tilray Brands (TLRY) Climbs 8% Ahead of Cannabis, CBD Policy Decision
Yahoo Finance· 2025-10-08 17:24
Core Insights - Tilray Brands Inc. (NASDAQ:TLRY) experienced a significant increase in share price, rising by 8.23% to $1.71, as investors adjusted their portfolios in anticipation of a decision from President Donald Trump regarding the legalization of cannabis and CBD products [1][3]. Group 1: Market Reaction - Investors are actively investing in cannabis product manufacturers, including Tilray Brands Inc., Canopy Growth, Cronos Group, and Aurora Cannabis, in light of a positive decision expected soon [2]. - The rise in Tilray's stock price reflects broader market optimism surrounding potential cannabis legalization, driven by Trump's recent promotion of cannabis and CBD for medical use [3]. Group 2: Policy Implications - Trump's social media video highlighted the potential benefits of CBD oil, suggesting it could transform senior healthcare and reduce medical costs in the U.S. by $64 billion, which has influenced investor sentiment [3].
Tilray Brands (TLRY) Hits New All-Time High as Trump Promotes Cannabis, CBD for Medical Use
Yahoo Finance· 2025-09-30 19:40
Core Viewpoint - Tilray Brands Inc. (NASDAQ:TLRY) experienced a significant surge in stock price, reaching an all-time high following President Donald Trump's promotion of cannabis and cannabidiol (CBD) for medical use in the US [1][2][3] Group 1: Stock Performance - In intra-day trading, Tilray's stock hit a peak price of $1.86 before closing at $1.85, reflecting a 60.87% increase [2] - The announcement regarding the potential benefits of CBD oil, including a projected reduction in US healthcare costs by $64 billion, contributed to the rise in Tilray's share price [3] Group 2: Market Impact - The promotion of cannabis and CBD by Trump positively influenced the stock prices of various cannabis product manufacturers, including Tilray Brands, Canopy Growth, Cronos Group, and Aurora Cannabis [3]