Tilray CEO On Future Of Cannabis And Federal Rescheduling: 'We Did Not Sit Back And Wait'
Portfolio Pulse from Rolando García
Tilray's CEO, Irwin Simon, discusses the company's proactive approach amidst the potential rescheduling of cannabis from Schedule I to Schedule III. Tilray has diversified into the beer and spirits business, showing promising results. Simon remains confident about the company's future regardless of the rescheduling timeline.
July 31, 2024 | 5:24 pm
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Tilray's CEO, Irwin Simon, expressed confidence in the company's future regardless of the timeline for cannabis rescheduling. The company has diversified into the beer and spirits business, showing promising results.
Tilray's proactive approach and diversification into the beer and spirits business have shown promising results, which could positively impact the stock price in the short term. The CEO's confidence in the company's future, regardless of the rescheduling timeline, adds to the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100