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大麻股迎转折?美国总统候选人均表支持,Tilray(TLRY.US)业绩超预期!

Cannabis stocks ushered in a turning point? All US presidential candidates expressed their support, and Tilray (TLRY.US) performance exceeded expectations!

Zhitong Finance ·  Oct 11 10:26

Chief Executive Officer and Chairman of Tilray Brands, Irwin Simon, predicts that regardless of the election results, the cannabis industry will reach a turning point.

According to the Zhidao Finance APP, as the 2024 United States presidential election approaches, Chief Executive Officer and Chairman of Tilray Brands (TLRY.US), Irwin Simon, predicts that regardless of the election results, the cannabis industry will reach a turning point. Simon believes that both candidates, Trump and Harris, could bring positive regulatory reforms to the U.S. cannabis market. This optimistic forecast aligns with Tilray's 2025 fiscal first-quarter financial performance, with profits exceeding Wall Street's expectations despite lower than anticipated revenue. In this context, supporters of cannabis legalization see hope as both candidates have publicly expressed support for cannabis legalization.

It is understood that Tilray is a global Canadian cannabis producer, and its financial report for the first quarter of 2025 shows a net revenue of 0.2 billion dollars, approximately 13% year-on-year growth, mainly driven by significant growth in alcoholic beverages business.

However, the company's cannabis and distribution divisions experienced a 13% and 2% year-on-year decline in revenue, respectively. Nevertheless, due to a gross margin improvement from 25% in the same period last year to 30%, Tilray's net loss decreased by about 38% year-on-year, to 34.7 million dollars.

On the political front, U.S. Vice Presidential candidate Kamala Harris has been a longstanding supporter of cannabis reform, reiterating her stance in a recent podcast interview, emphasizing that individuals should not be incarcerated for marijuana use.

Meanwhile, former President Donald Trump has also changed his stance on cannabis, expressing support for Florida's recreational marijuana legalization amendment, which starkly contrasts with his administration's Justice Department under Jeff Sessions repealing the Cole Memorandum protecting state-level marijuana projects.

Overall, with the U.S. presidential election approaching, the future of the cannabis industry is filled with uncertainty, but the support for cannabis reform from both primary candidates brings a glimmer of hope to the industry. The financial performance and political stance changes at Tilray both hint at significant regulatory reforms possibly on the horizon for the cannabis industry.

The translation is provided by third-party software.


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