3 Things You Need to Know About Tilray's Q2 Results
Tilray (NASDAQ: TLRY) really has announced a lot of good news so far in 2019. It jumped into the U.S. hemp market with a big splash. It's signed a key deal with major consumer packaged-goods company Authentic Brands Group (ABG). The company reached an agreement with its largest shareholder to extend the lock-up period for two years. Despite all of this good news, Tilray's share price has plunged more than 35% year to date.
The Canadian cannabis producer added more good news with its second-quarter results announced after the market closed on Tuesday. But Tilray just can't seem to catch a break: Its stock slid 6% in after-hours trading. Here are three things you need to know about Tilray's Q2 results.
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Source Fool.com
