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Is Tilray the Ultimate Turnaround Marijuana Stock of 2021?

Is Tilray the Ultimate Turnaround Marijuana Stock of 2021?

On July 28, Tilray (NASDAQ: TLRY) stock surged by 26% in a single trading day after the company published strong quarterly results -- the first earnings report its $4 billion merger with fellow Canadian pot grower Aphria. Revenue shot up, the company finally turned a profit, and its international expansion has begun to pay off. Tilray desperately needed that good news, as its shares are down almost 50% year to date.