Is This Marijuana Stock Outrageously Overpriced?

Tilray (NASDAQ: TLRY), a marijuana grower based out of British Columbia, reported its second-quarter earnings after the bell yesterday. Though the company generated a meager $17.6 million in revenue during the first half of 2018, its market cap has soared to a towering $4.8 billion in only a matter of weeks.Since going public in July, the company's shares have appreciated by a mind-boggling 130%.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News