Key Points Tilray Brands is a Canadian-based company that hopes to one day enter the U.S. pot market. Marijuana legalization isn't on the horizon in the U.S., but even if there are serious discussions around it, that could send Tilray's stock surging. When Canada legalized marijuana in 2018, marijuana stocks were rallying well before the recreational market opened for business. 10 stocks we like better than Tilray Brands › Tilray Brands (NASDAQ:TLRY) has been a bad investment for many years. Thus far in 2026, it has lost more than half of its value. It's a continuation of a troubling trend for investors who have held onto the stock, as it's down well over 95% in the past five years.
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