{"id":47400,"date":"2026-02-04T11:35:22","date_gmt":"2026-02-04T11:35:22","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/02\/04\/tilray-brands-stock-has-crashed-but-a-bullish-pattern-is-emerging\/"},"modified":"2026-02-04T11:35:22","modified_gmt":"2026-02-04T11:35:22","slug":"tilray-brands-stock-has-crashed-but-a-bullish-pattern-is-emerging","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/02\/04\/tilray-brands-stock-has-crashed-but-a-bullish-pattern-is-emerging\/","title":{"rendered":"Tilray Brands stock has crashed\u2014but a bullish pattern is emerging"},"content":{"rendered":"<div><\/div>\n<p>Tilray Brands stock price continued its strong downward trend, reaching its lowest level since December 9 last year. It has crashed by over 68% from its highest level in October last year.&nbsp;<\/p>\n<h2 class=\"wp-block-heading\">Why Tilray Brands stock price has crashed&nbsp;<\/h2>\n<p>Tilray Brands and other cannabis stocks have plunged in the past few months. The closely-watched AdvisorShares Pure US Cannabis (MSOS) ETF stock has retreated from a high of $7.25 in December to the current $4.10.<\/p>\n<p><span style=\"margin: 0px;padding: 0px\">Tilray Brands and these cannabis stocks have plunged in the past few months as investors sold the\u00a0<a href=\"https:\/\/invezz.com\/news\/2025\/12\/12\/tilray-stock-price-pumps-after-latest-trump-cannabis-reclassification-news\/\" target=\"_blank\" rel=\"noopener\">cannabis rescheduling<\/a>\u00a0news that broke last year, when Donald Trump asked Attorney General Pam Bondi to reschedule it from a Schedule 1 to a Schedule 3 drug.<\/span><\/p>\n<p>Therefore, Tilray Brands stock price has crashed because Bondi has not made any step towards rescheduling. Also, the whole rescheduling process will take more months or years to complete.<\/p>\n<p>Additionally, rescheduling itself will not be enough to incentivize companies like Tilray Brands, which face some major challenges, including in the banking sector.<\/p>\n<h2 class=\"wp-block-heading\">Tilray Brands business is facing major challenges&nbsp;<\/h2>\n<p>The most recent results showed that the Tilray Brands business is struggling. Data shows that its revenue rose by 3% in the second quarter to $217 million.<\/p>\n<p>However, the company\u2019s gross profit dropped to $57.5 million from the previous $61.2 million. A closer look at its business shows that its cannabis revenue rose to $65.7 million from the previous $65.7 million, helped by its international business.<\/p>\n<p>The revenue growth was also driven by its distribution revenue rose to $85.3 million from the previous $67.6 million. This growth has made it the biggest segment in its business.<\/p>\n<p>However, the company\u2019s beverage business, which the company has spent years boosting, continues to deteriorate. Its revenue <a target=\"_blank\" href=\"https:\/\/ir.tilray.com\/news-releases\/news-release-details\/tilray-brands-delivers-record-q2-fiscal-2026-net-revenue-218\">dropped<\/a> to $50 million from the previous $63 million, while its wellness segment was flat at $14.6 million.<\/p>\n<p>The results also showed that Tilray Brands improved its bottomline, with the net loss moving to $41.8 million from $43.5 million.<\/p>\n<p>Analysts are optimistic that Tilray Brands\u2019 business will continue experiencing single-digit revenue growth. The average estimate is that its revenue for the current quarter will be $201 million, up by 8.4% from the same period a year earlier.<\/p>\n<p>Its annual revenue is expected to move to $865 million, up by 5.38% YoY, followed by $906 million in the coming financial year.<\/p>\n<h2 class=\"wp-block-heading\">Tilray stock price technical analysis<\/h2>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><figcaption class=\"wp-element-caption\"><em>TLRY stock chart | Source: <a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-TLRY\/\">TradingView<\/a>\u00a0<\/em><\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the TLRY stock price has crashed in the past few months, moving from a high of $15.75 in December to the current $7.45. This crash was in line with our last <a href=\"https:\/\/invezz.com\/news\/2026\/01\/06\/tilray-stock-forms-a-risky-pattern-jan-8-will-be-key\/\">Tilray forecast<\/a>.<\/p>\n<p>It has now moved below the 78.6% Fibonacci Retracement level at $7.73. Also, the stock has moved below the Weak, Stop, &amp; Reverse level of the Murrey Math Lines tool at $7.8.<\/p>\n<p>The stock has moved below the 50-day and 100-day Exponential Moving Averages (EMA), while the Relative Strength Index (RSI$ has moved close to the oversold level.<\/p>\n<p>There are signs that the stock is slowly forming a double-bottom pattern at $7, its lowest level in December last year and a neckline at $15.<\/p>\n<p>Therefore, the stock will likely rebound in the coming weeks. If this happens, the next key resistance level to watch will be the Major S&amp;R Pivot Point at $12.5.<\/p>\n<p>Historically, the stock is usually highly volatile, meaning that such a rebound will lead to a pullback.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/02\/03\/tilray-brands-stock-has-crashed-but-a-bullish-pattern-is-emerging\/\">Tilray Brands stock has crashed\u2014but a bullish pattern is emerging<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tilray Brands stock price continued its strong downward trend, reaching its lowest level since December 9 last year. It has crashed by over 68% from its highest level in October last year.&nbsp; Why Tilray Brands stock price has crashed&nbsp; Tilray Brands and other cannabis stocks have plunged in the past few months. The closely-watched AdvisorShares <\/p>\n","protected":false},"author":1,"featured_media":47401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-47400","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/47400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=47400"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/47400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/47401"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=47400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=47400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=47400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}