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News  ›  The Motley Fool

Why Tilray Stock Plunged Today

The Motley Fool Logo The Motley Fool By Eric Volkman
Why Tilray Stock Plunged Today

Tilray stock dropped 10% after anticipated executive order for marijuana rescheduling did not materialize, highlighting ongoing uncertainty in the cannabis market's legal status.

Insights
TLRY   negative

Stock price dropped 10% due to unfulfilled expectations of marijuana rescheduling, reflecting market uncertainty and lack of federal legalization progress