Tilray’s stock slumps as cannabis and beer company plans to cut its drinks lineup
Tilray Brands’ stock fell Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan that will reduce the number of alcoholic-beverage brands in its portfolio.
Tilray Brands’ stock fell Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan that will reduce the number of alcoholic-beverage brands in its portfolio.
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