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Morningstar lowers Tilray's price target - Green Market Report

Retrieved on: 2024-02-20 11:17:20

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Summary

Morningstar reduced Tilray's price target, citing Canada's crowded cannabis market, regulatory challenges, and competition from illicit markets affecting the potential profitability within the medical cannabis sector. This impacts the broader pharmaceutical and cannabis industries amidst the 'Green Rush'.

Article found on: www.greenmarketreport.com

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