Analysts upbeat on Tilray’s U.S. prospects after MedMen deal
August 18, 2021 at 11:22 AM EDT
Shares of Tilray Inc. rallied Wednesday, on the heels of mostly positive analyst comments on the Canadian cannabis company's announcement to buy a 21% stake in MedMen Enterprises Inc. through the purchase of notes and warrants, to increase its U.S. presence.