Tilray Brands, Inc. TLRY

Tilray Brands, Inc. is facing a financial crisis characterized by a staggering 97% drop in stock price and significant net income losses. While the company reported a slight revenue increase during the second quarter of fiscal year 2026 and has expanded its cannabis portfolio in the UK, investor confidence remains low as concerns about its cash flow and market position intensify. Efforts to recover include a strategic partnership with Carlsberg to produce craft beers, but the overall outlook presents a challenging landscape as Tilray prepares for potential U.S. market expansion following historic cannabis rescheduling.