Key Points Shares of Tilray Brands have fallen roughly 50% so far in 2026. The company's business posted record revenues and gross profit in fiscal 2026. 10 stocks we like better than Tilray Brands › Tilray Brands (NASDAQ: TLRY) started out as a marijuana company. When it first came public, investors were enamored of pot stocks and the shares rose dramatically. But the marijuana story didn't live up to investors' elevated expectations, and Tilray's stock, along with the rest of the marijuana sector, plunged. Today, Tilray is taking a different approach, and it is starting to show positive results. But investors appear unwilling to give the stock the benefit of the doubt. Here's what's going on.
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