Here's Why Tilray Stock Is Surging
Jefferies analyst Owen Bennett raised his rating on Tilray's stock from underperform to buy. Bennett believes the combination of Aphria and Tilray is a "perfect match," as it brings together their leading positions in Canada and international markets. With a large global geographic footprint, industry-leading operational scale, and low-cost production facilities, Tilray is poised to compete and win in the rapidly expanding cannabis market.