The Next Few Weeks Could Make or Break Tilray Stock
Tilray Stock Flounders in 2019
If there has been one singular disappointment in what otherwise has been a fantastic year for pot stocks, it's Tilray Inc (NASDAQ:TLRY).
The former marijuana stock darling has plummeted since its initial public offering (IPO), falling from a high of $300.00 to its current price of just over $50.00. That's a huge decline for investors who bought in high.
And it's made all the more jarring considering how profitable many other pot investments have been. See the chart below for just how poorly Tilray stock has fared in comparison to its rival, Canopy Growth Corp (NYSE:CGC)..
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