Tilray CEO Irwin Simon: 2024 Election Likely To Drive U.S. Cannabis Legalization, No Matter Who Wins
Portfolio Pulse from Franca Quarneti
Tilray CEO Irwin Simon anticipates U.S. cannabis legalization progress regardless of the 2024 election outcome, as both major candidates support reform. Tilray reported a 13% revenue increase and reduced net loss in its fiscal 2025 Q1 results.
October 11, 2024 | 12:34 am
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Tilray's CEO is optimistic about U.S. cannabis legalization post-2024 election, with both candidates supporting reform. Tilray's Q1 fiscal 2025 results show a 13% revenue increase and reduced net loss.
The CEO's optimism about U.S. cannabis legalization could boost investor confidence in Tilray, especially with both major candidates supporting reform. The positive earnings report, with increased revenue and reduced net loss, further strengthens Tilray's position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100