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TLRY

Tilray

$47.20

-0.2 (-0.42%)

05:39
07/05/19
07/05
05:39
07/05/19
05:39

Tilray announces expansion of European team with four hires

Tilray announces the expansion of its European leadership team with the appointment of Arne Wilkens as Vice President, Business Expansion, Europe; Jose Tempero as Medical Affairs Director, Europe; Maike Gerlach as Vice President, Marketing, Europe; and Nadja Frenzel as Vice President, Commercial Development, Europe. In addition, Natalie Bucceri joins Tilray's international team as Director, Global Portfolio Expansion. The company explained," The new senior appointments will work collaboratively with Tilray's robust team of experts across the globe to accelerate the company's aggressive European and international expansion strategy. Tilray's multi-faceted EU Campus in Portugal, which recently received its manufacturing license and Good Manufacturing Practices certification, will serve as the primary hub for the cultivation, processing, research and distribution of branded Tilray products throughout Europe and other international markets."

TLRY Tilray
$47.20

-0.2 (-0.42%)

06/10/19
COMP
06/10/19
INITIATION
Target $41
COMP
Neutral
Tilray initiated with a Neutral at Compass Point
Compass Point analyst Rommel Dionsio started Tilray with a Neutral rating and $41 price target.
06/17/19
COMP
06/17/19
NO CHANGE
Target $38
COMP
Neutral
Tilray price target lowered to $38 on Canadian regulatory delay at Compass Point
Compass Point analyst Rommel Dionisio lowered his revenue and earnings estimates for Tilray and cut his price target on the shares to $38 from $41 after the Canadian government issued a press release Friday that he said effectively delays the introduction of advanced forms of cannabis until at least mid-December 2019, at the earliest. Licensed cannabis companies must give Health Canada 60-days notice of their intent to sell products such as vapes, beverages, or edibles, but the government will not be accepting any such applications until Oct. 17, noted Dionisio, who keeps a Neutral rating on Tilray shares.
06/26/19
VERF
06/26/19
NO CHANGE
VERF
Sell
Canadian cannabis earnings could disappoint in Q2, says Vertical Group
Vertical Group analyst Gordon Johnson, who maintains a Sell rating on Tilray (TLRY), said in an emailed note that Health Canada provided statistics for April yesterday that shed light on the supply/demand backdrop in the Canadian cannabis market. Sell-in growth slowed from 11.5% month-over-month in March to 9.7% month-over-month in April and sell-through "collapsed" 39.4% month-over-month following a large increase in March, according to Johnson. He concludes from the data that end-demand is collapsing while inventory across all categories continues to bulge, which suggests to him that Canadian cannabis earnings "could be setting up for yet another disappointment" in Q2. Other publicly traded Canadian cannabis producers include Canopy Growth (CGC) and Aurora Cannabis (ACB).
06/28/19
CEDG
06/28/19
INITIATION
Target $54
CEDG
Overweight
Tilray initiated with an Overweight at Consumer Edge
Consumer Edge initiated Tilray with an Overweight and $54 price target.

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VMW

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$148.15

0.11 (0.07%)

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