1 Stock to Avoid After the Election Results
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Following Donald Trump's election as the 47th president and Republicans gaining control of the Senate and House, certain companies may be negatively impacted by the new administration's policies.
November 24, 2024 | 3:00 pm
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NEGATIVE IMPACT
Tilray Inc. (TLRY) may face challenges due to potential regulatory changes under the new Republican administration, which could impact the cannabis industry.
The Republican party has historically been less supportive of cannabis legalization compared to Democrats. With Trump as president and Republicans controlling Congress, there may be less favorable regulatory conditions for the cannabis industry, potentially impacting Tilray's operations and stock price negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80