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What Dampened Investors’ Sentiment towards Tilray in 2018?

Adam Jones
What Dampened Investors’ Sentiment towards Tilray in 2018?

After reaching a peak, when it became difficult to justify Tilray’s (TLRY) valuations, the short sellers took control of Tilray, and it started to head south. From a fundamental perspective, things looked strong for Tilray. On September 26, Supreme Cannabis (SPRWF) announced that it signed a supply agreement to supply about 12 million Canadian dollars worth of dried cannabis to Tilray.