Don't Even Think About Buying Tilray Stock Until You Read This Warning

Tilray Brands (NASDAQ: TLRY) bills itself as "a global lifestyle and consumer packaged goods company leading at the nexus of the beverage, cannabis, and wellness industries." While largely viewed as a marijuana stock, the company also sells hemp products and alcoholic beverages. The question is whether this amalgam of products will actually lead to profits. So will it?After its initial public offering, Tilray Brands' stock price skyrocketed. At that point, Wall Street was enamored of marijuana companies, and investors were excited about the future. There was a good reason to be excited, given that more and more locations have been legalizing the use of cannabis. However, Tilray wasn't the only company attempting to capitalize on the opportunity, and competition has been fierce.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool