Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Cannabis On Amazon? Why Tilray Stock Is Trading Higher

Published 26/05/2022, 20:33
Updated 26/05/2022, 21:10
© Reuters.  Cannabis On Amazon? Why Tilray Stock Is Trading Higher

Tilray Brands Inc (NASDAQ: TLRY) shares are trading higher Thursday after the company announced the launch of its CBD lifestyle brand POLLEN on the Amazon.com Inc (NASDAQ: NASDAQ:AMZN) UK platform.

Pollen is designed to help uncomplicate wellness routines and elevate the CBD experience for consumers. The new Tilray brand offers a unique product mix of CBD gummies and "drink drops." It will feature three product lines including Powerbank, which promotes a natural energy boost, No Pressure for stress relief and Soothe You for mind and body balance.

Pollen CBD gummies offer 300mg of CBD per pack and have been independently tested for accurate dosages. All Pollen products are plant-based, pesticide-free and vegan-friendly.

Tilray is a global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America.

See Also: Cannabis Regulatory Update: Californians Can Soon Buy Weed At Farmers Markets, New Legalization Efforts In MO, SD & TX

TLRY Price Action: Tilray has traded between $3.89 and $23.04 over a 52-week period.

The stock was up 4.86% at $4.64 at time of publication, according to data from Benzinga Pro.

Photo: NickyPe from Pixabay.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.