{"id":47864,"date":"2026-02-26T11:35:09","date_gmt":"2026-02-26T11:35:09","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/02\/26\/tilray-brands-eyes-rebound-despite-cannabis-rescheduling-delay\/"},"modified":"2026-02-26T11:35:09","modified_gmt":"2026-02-26T11:35:09","slug":"tilray-brands-eyes-rebound-despite-cannabis-rescheduling-delay","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/02\/26\/tilray-brands-eyes-rebound-despite-cannabis-rescheduling-delay\/","title":{"rendered":"Tilray Brands eyes rebound despite cannabis rescheduling delay"},"content":{"rendered":"
<\/div>\n

Tilray Brands stock price has gone nowhere in the past few days as investors waited for the next catalyst after the rescheduling hype faded. <\/p>\n

TLRY was trading at $7.95 on Tuesday, a range it has remained in the past few days. <\/p>\n

It remains 65% below the highest point in October last year, and has formed a double-bottom pattern pointing to a rebound.<\/p>\n

Tilray is facing headwinds and tailwinds<\/h2>\n

Tilray Brands stock has moved sideways in the past few weeks, moving from last October\u2019s high of $23 to the current $7.93.<\/p>\n

This consolidation happened as the hype surrounding the rescheduling of cannabis<\/a> by the Trump administration waned. <\/p>\n

The administration has not made any major announcement on the rescheduling since then.<\/p>\n

A decision to reschedule cannabis to a less dangerous drug will help companies in the industry to operate better. <\/p>\n

In Tilray\u2019s case, the rescheduling will help it to launch its operations in the United States, a country in which it has no presence.\u00a0<\/p>\n

At the same time, the most recent results showed that some of its businesses are struggling. <\/p>\n

The most notable weakness is in its beverage business, which the company has been assembling in the past few years.\u00a0<\/p>\n

The alcoholic beverage business is not doing well globally, as we wrote in this report on Diageo<\/a>. <\/p>\n

Its beverage revenue dropped to $50.1 million from $63.1 million in the same period a year earlier. The gross margin also retreated to 31% from the previous 40%.<\/p>\n

Some parts of Tilray\u2019s business are improving<\/h2>\n

On the positive side, other parts of Tilray\u2019s business are doing modestly well. Its cannabis revenue rose by 3% to $67.5 million, helped by its international business. <\/p>\n

This growth may continue after its expansion in Italy. Its gross margin rose to 39% from the previous 35%.<\/p>\n

At the same time, it distribution revenue jumped to $85.3 million, its best quarter. <\/p>\n

This growth pushed its gross profit to over $11 million, with margins hitting 13%.<\/p>\n

Most importantly, the company narrowed its losses<\/a> in the last quarter. Its net loss narrowed to $41 million from the $43 million. Therefore, there is a likelihood that it is moving towards profitability.<\/p>\n

Additionally, the company continued to improve its balance sheet. Its cash balances rose to over $291 million, while its total debt reduced by $4.1 million. <\/p>\n

Tilray Brands now expects that its annual EBITDA for the current fiscal year will be between $62 million and $72 million. <\/p>\n

Tilray Brands stock technical analysis<\/h2>\n
TLRY stock chart | Source: <\/em>TradingView<\/em><\/a><\/figcaption><\/figure>\n

The daily timeframe shows that the TLRY stock has retreated in the past few months. <\/p>\n

It has retreated from a high of $15.5 in December to the current $7.9.<\/p>\n

A closer look shows that the stock has formed a double-bottom pattern at $6.96 and a neckline at $15.5. A double-bottom is one of the most common bullish reversal sign in technical analysis.<\/p>\n

The two lines of the MACD indicator have formed a bullish reversal pattern. <\/p>\n

Therefore, the stock will likely rebound, potentially to the 100-day moving average at $9.47. <\/p>\n

On the other hand, a drop below the double-bottom<\/a> point at $6.97 will invalidate the bullish outlook and point to more downside to $3.6.<\/p>\n<\/p>\n

The post Tilray Brands eyes rebound despite cannabis rescheduling delay<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Tilray Brands stock price has gone nowhere in the past few days as investors waited for the next catalyst after the rescheduling hype faded. TLRY was trading at $7.95 on Tuesday, a range it has remained in the past few days. It remains 65% below the highest point in October last year, and has formed <\/p>\n","protected":false},"author":1,"featured_media":47865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-47864","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\/47864","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=47864"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/47864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/47865"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=47864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=47864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=47864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}