Tilray Stock: Betting on U.S. Marijuana Legalization

Canada-based Tilray  (TLRY) – Get Tilray, Inc. Report is one of the most talked-about stocks on online forums like Reddit. But the cannabis company’s share price saw both highs and lows in 2021.

Volatility in TLRY shares was driven largely by uneven progress in U.S. cannabis legalization, as well as the company’s merger and acquisition (M&A) activity.

Without a clear framework for marijuana legalization, Tilray’s stock has become a target for short sellers. However, the company’s management is looking for alternatives to keep Tilray’s business growing.

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