Analysis of Tilray share price

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As part of setting up your Tilray share price analyzes, we suggest you discover some simple tips and useful information about this Canadian company. Indeed, to best anticipate variations in this value, you must imperatively know the activities of this group, its sources of income or even its sector of activity in general. We will therefore give you a complete presentation of it with a presentation of its competitors on the market but also of its recent strategic partnerships. We will also provide you with some basic stock market data and explain how you can make a fundamental quality analysis of this value by studying the most impactful publications and events.  

Elements that can influence the price of this asset:

Analysis N°1

First of all, we will pay attention to the evolution of medical cannabis and recreational cannabis legislation around the world. In fact, the more countries that allow authorized and legal cannabis use, the more companies like Tilray, already well established on the market, will be able to make profits.

Analysis N°2

The development of new hemp products by the Tilray company will also be important if you want to build on this action. Indeed, the diversification strategy that the group is implementing in this direction can multiply the sources of income and allow its growth.

Analysis N°3

We will of course keep an eye on the competition in this sector which is likely to increase sharply as demand increases with an analysis of the current main players and potential future competitors.

Analysis N°4

Finally, we will of course also follow the publication of the group's financial and economic results with the annual balance sheet and the quarterly or half-yearly results as well as the objectives set internally.

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General presentation of Tilray:

We now invite you to learn a little more about the Tilray company and its economic environment. We will present to you in detail this company and its sources of income with its main activities and the various products which it markets as well as the markets on which it exercises.

The Tilray Inc group is a Canadian company specialized in the pharmaceutical sector and which more specifically offers cannabis-based products to pharmaceutical distributors. As such, the Tilray company carries out medical research on cannabis, cultivation of cannabis, and further processing and marketing of cannabis products worldwide.

Tilray also has a subsidiary called FHF Holdings Ltd which manufactures, markets and distributes consumer hemp products. Among the products in this company's portfolio are hemp heart, hemp oil, hemp granola, hemp protein powder and hemp milk. The company also markets cannabis to patients in certain countries around the world through subsidiaries located in Australia, Canada and Germany. The group's medical cannabis is produced in Canada and Europe. To date, the Tilray group employs nearly 1,646 people.

Regarding the distribution of turnover by type of product, we find at the top the sale of pure cannabis with 49.6% of turnover, the sale of hemp products for 35.8% of turnover, the sale of extracts cannabis for 14.5% of turnover and the sale of accessories and other products for 0.2% of turnover.

Finally, with regard to the geographic distribution of the group's revenues, we note that 78% comes from Canada, 14.1% from the United States and 7.9% from the rest of the world.


Know the competition of the Tilray share:

We now offer you a better understanding of the sector of activity in which the Tilray Inc group operates, namely, the sector of production and sale of medical cannabis or cannabis-based products. There are indeed several large companies also specialized in this type of activity and which are direct competitors of Tilray. The classification of these companies by turnover is as follows:


The strategic alliances set up by the Tilray group:

Of course, the Tilray group does not only have enemies on the market and can also count on certain strategic partnerships that allow it to maintain or grow its activity over time. These partnerships are of the utmost importance as they are often followed by investors as strong buy signals. Here are just a few recent examples:

Frequently Asked Questions

How to analyze the Tilray stock and its evolution?

To effectively and conclusively analyze the Tilray share price and its likely evolution in the future, you need to set up a method based on both fundamental analysis and technical analysis of this value. It is indeed advisable to systematically compare the signals obtained by means of these two methods for more precision during your decision-making and position.

Can i buy Tilray shares in France?

If there are few stock portfolios accessible in France and offering the Tilray share or any other share of a Canadian company specializing in cannabis, you still have the possibility of investing in this value through online trading platforms and with CFD contracts. These contracts allow you to access almost all the equity markets in the world.

Are the Tilray group's profit and loss accounts accessible?

Like all listed companies, the Tilray group is obliged to publish its annual and quarterly financial results in a transparent manner. You will find these detailed results in the “investors” section of its website as well as on the website of your broker or any other specialized stock market news site.

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Trade the Tilray share!
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.