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Tilray on Canadian Recreational Market and Future Growth

Adam Jones
Updated
Tilray on Canadian Recreational Market and Future Growth

During its 3Q earnings call, Tilray (TLRY) stated that the recreational cannabis market will play a meaningful role for the company as it ramps up supply through increased production capacity. The company updated investors that it recently signed a supply agreement with the province of Prince Edward Island and that its products are currently available in eight provinces. The company is scaling production capacity in anticipation of strong recreational demand.

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