Tlry stock price saw a minor uptick to $1
TLRY stock price saw a minor uptick to $1.82 late in the session, supported by speculation regarding potential M&A activity in the cannabis industry. Higher-than-normal block trades suggest institutional repositioning ahead of quarter-end. The clip also credits Trump for signing the 2018 Farm Bill, which legalized hemp, and positions him as a supporter of expanding access to cannabis-based treatments. Despite the speculative nature of the administrative catalyst, it effectively drew significant attention and much-needed positive sentiment to a company with strong fundamentals, a solid cash position, and a technical setup ripe for continued upward momentum. This could potentially trigger a long-term re-evaluation of Tilray's stock , making now an opportune moment to reconsider Tilray and possibly the entire marijuana sector . Volume spikes indicate active day-trader participation, but macro headwinds from rising interest rates remain a dampener for risk assets.
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